Arsene Wenger has instead Arsenal will make signings of note before the close of the transfer window having, so far, endured a frustrating summer in pursuit of high-profile acquisitions.
The Gunners have recruited only one player thus far, with French youngster Yaya Sanogo joining on a free transfer, and appear set to begin the new Premier League season without having made a signing of repute.
Wenger has been determined to break Arsenal's transfer record this summer in his pursuit of Liverpool striker Luis Suarez and, although he has been unable to capture the Uruguayan, remans confident players will arrive in the communing weeks.
"We are active," Wenger told Arsenal Player. "We are in a situation like Manchester United, like Chelsea, where everybody expects signings and at the moment not a lot has happened.
"There are 18 days to go, so that is a long time in the transfer market and we will be active.
"I cannot certify what the number [of players coming in will be] but we will be active until the end, that is for sure."
With Wenger's attempts to sign Suarez proving fruitless, Arsenal fans looked as though they would have reason to be cheerful as the club appeared to be closing in on Bayern Munich midfielder Luis Gustavo.
However, Arsenal now look set to lose out on the Brazil international to Wolfsburg, leaving Sanogo as the the solitary recruit before the opening game of the season against Aston Villa this weekend.