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Arsene Wenger blasts transfer market and warns top clubs

The Gunners were undone by a lack of goals last season but Wenger believes his current crop of forwards will be enough to do the job, especially Alexis, who can be deployed up front if need be. “And he has a good timing to run behind the defenders”, the Frenchman said. The club were the only side last summer in the top five European leagues to not sign an outfield player, with Petr Cech their only recruit.

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“You can pay huge amounts of money for average players, there are plenty of those, but to find the ones who will strengthen your squad is more hard”.

The contest at the King Power Stadium was short on drama, but Leicester did feel they had good shouts for two penalties, neither of which were given. We analyse everything then make the right signings. It’s not my money.

I didn’t have to deal with social media when I was managing in the Premier League or with England, but it is a new aspect in the mix now and helps to stir everything up to new levels. It is right when you buy. It is about the quality. I think it is worth to try as he has the quality to go behind.

Though Wenger has not been too busy in the transfer window which closes on September 1, he had added three players to his squad which include midfielder Granit Xhaka, defender Rob Holding and striker Takuma Asano. They already have Olivier Giroud, who led the French attack in that tournament, so there is a strong argument to suggest Lacazette can not be an upgrade if his country turned its back on him. “I have made 400 transfers in my life and I know every one has a rhythm that you are not the only one to decide on”.

Senior manager at Deloitte Sports Business Group Alex Thorpe said: “The increase in central Premier League distributions for the 2016/17 season of around £30-50m per club is likely to fuel a new record high of over £1bn for gross player transfer spending in the 2016 summer transfer window”.

Wenger told the Telegraph: “Today in Europe you have two markets”.

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He explained: “The danger of the English situation at the moment is that the English clubs can suffocate themselves in the long term. Why?”

Arsenal and Leicester still without a win after goalless stalemate at King Power Stadium