While Manchester City and Manchester United have invested heavily in new players this transfer window, Arsenal didn't sign a single senior outfield player.

Arsenal did add Petr Cech from Chelsea for £10 million, but business was otherwise quiet for Arsene Wenger.

Arsenal has been criticized for not signing a holding midfielder or a blue chip striker.

Arsenal say that the “debt service reserves” of £173.3 million that were announced in the annual financial results in September are spent over the course of the financial year. They say they have invested significantly in players over the last 12 months and also given new contracts in recent years to the British core of players around which Wenger has built his latest Arsenal team.