Arsenal fans should not expect Arsene Wenger to make any signings in the January transfer window, despite the raft of injuries and lack of squad depth at Emirates Stadium.

That is according to former Gunners hero Alan Smith, who feels Wenger will not see any value or requisite quality in the market to splash soem more cash after the summer's big spending.

Arsenal showed off their new financial might as the window came to a close in early September by smashing their transfer record with the £42.4million signing of Mesut Özil from Real Madrid.

Smith is sure that Wenger has been given the power to spend big by Arsenal's moneymen if the right player is available, but believes January will not present the Gunners with the right man or the right opportunity.

“I don’t know who’s out there. He [Wenger] has got the money to spend if the right player was available, there’s no doubt about that," he told talkSPORT.

“We know he was after a striker [in the summer] and targeted Luis Suarez, Wayne Rooney and Gonzalo Higuain. They were chasing them all, but it’s really difficult to get the right people - if they’re still in the Champions League you want someone who qualifies for that.

Of those three options, only Suarez would be eligible to play in the Champions League and after Liverpool's insistence this summer that they would not be selling to Arsenal, added to the Uruguayan's terrific form, a transfer would seem unlikely.

Smith believes this means Gunners fans should not expect anything come the rune of the year and will have to be patient before seeing any further big-money buys.

"It will be in the summer [when they buy]. He has a lot of money to spend and, if they have a good season and remain in that top four, they will be able to attract some good players."

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