The Gunners CEO has revealed the club are happy with the mixture of youth and experience in their new signings, and the plan was always to bring in new faces close to deadline day
The north London outfit sold a number of high profile players in the summer including Samir Nasri and Cesc Fabregas, and failed to appease the fans by bringing in big-name replacements.
However Gazidis is more than happy with the signings the club made, and revealed Gunners boss Arsene Wenger managed to bring in the new faces which he wanted.
“I don’t think you can replace a Fabregas, I think he is one of the best players in the world and there are not an unlimited amount of those players,” he told BBC Sport.
“We’re focused on making sure we continue to move forward as a club. If we went out and spent every penny we had during every transfer window we would end up making some bad decisions along the way.
“So we’ve been restrained in what we’ve done, we’ve looked at the opportunities that we believed existed in the summer transfer window with Arsene. We’ve kept some of out powder dry.
“There is a lot of speculation that happens in and around the transfer window around all kinds of individual players, almost all of it is incorrect and misguided.
“There are only two people that know exactly what we were doing [himself and Wenger]. We are very happy about the players that we brought in that were the players that Arsene wanted.”
Gazidis also believes the club have managed to bring in the ideal mix of players, and revealed the plan was always to leave some of the signings till late on.
He added: “We are very happy to have Per Mertesacker for example in defence, somebody who has got over 70 caps for the German national team.
“We think we ended up with a good mixture. In terms of the ins and outs and how we got there, Arsene has never commented on his transfer business as it goes along but it exactly as Arsene said it was going to be.
“We did business early and we did it late. We explained upfront that that’s how we saw things playing out and it played out pretty much exactly how we thought it would.
“At the end of the window we’ve ended up with a good mixture of experience and youth.”