Arsenal manager Arsene Wenger has urged fans to be patient with the club whilst they try and negotiate possible transfers this summer, but the Frenchman has admitted that no new faces will be on show at the annual Emirates Cup, which takes place next weekend.
The Gunners were expected to be busy in the summer window after chief executive Ivan Gazidis revealed that the manager would have up to £70million to spend on bringing in new players, but so far, they have only brought in Yaya Sanogo.
Arsenal have lost out on striking duo Gonzalo Higuain and Stevan Jovetic after they signed for Napoli and Manchester City respectively, so Wenger is now trying to sign Liverpool want-away striker Luis Suarez.
The north London club have made two formal bids for the Uruguayan, but both of them have been rejected and Wenger has sent a message out to the fans of the club.
The Frenchman has told the fans to be patient and has also stated that transfers aren't just down to the club and other clubs have their say in the deals as well.
"We are ready to do quick deals but all the transfers do not depend only on us," Wenger is quoted by the Daily Mirror, as he spoke about the transfer for the first time. "But we are prepared to wait. It looks unlikely before the Emirates Cup (next weekend).
"We still have a strong squad but we are there on the market to try to strengthen our team. With or without additions we can be title challengers next season."
In the same interview, Arsene Wenger refused to get into a war-of-words with Liverpool boss Brendan Rodgers, after he intimated joining Arsenal would be a sideways step.
"He must explain that. I don't know. We are not close to signing Suarez or anybody else so there's no reason why I should talk about it.
"There is nothing to say. I have been away now for two or three weeks and it's hard to see how things are advanced because everyone is on tour at the moment and it's very difficult to get in touch with people.
"I believe that every club competes on a very high level. What has changed recently is that in Europe some countries like France suddenly have bought some very very talented players who two or three years ago would all have come to England. It makes the chase for talent very difficult.
"What we want is not as name but as good player. The name is less important. What is more important is the quality of the player. At the moment I must tell you we are not close to signing anybody.
"We try to do the job and we will try to do it well. But that is in front of us. We have worked a lot but nothing has been concluded with anybody.
"Of course we want to do as many top players as we can. But we also have to focus on the players we have and develop them.
"We have plenty of candidates in midfield now and there is a big fight there. Bacary Sagna settles in well at centre-back with Thomas Vermaelen out."
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