Despite the Barcelona, Manchester United and Liverpool men being linked to the club, the Gunners boss has played down reports of any imminent signings taking place
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But with fans hopeful of a major investment this season, the 63-year-old has warned the Arsenal faithful that another signing may not come any time soon.
“The competition in Europe is very hard at the moment,” Wenger told reporters.
“There’s a lot of money and not many players. We work hard but we are not close to signing anybody.”
Arsenal are currently in Asia as part of their pre-season preparations, where an Olivier Giroud hat-trick helped the Gunners record a 7-1 win over Vietnam.