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Wenger rails at Arsenal transfer focus

Schmeichel was finally tested two minutes later when he saved at the feet of Mesut Ozil, but it was a standard save during a routine match for the Denmark goalkeeper.

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But Wenger pointed to the performance of 20-year-old centre-back Rob Holding, a low-key signing from Bolton Wanderers last month, as evidence that Arsenal are still bringing talented players to the club.

He was clearly irritated by transfer talk following the game and insisted he was not reluctant to spend big – as Arsenal chase their first title since 2004 – but would not splash out for the sake of it.

“I don’t know”, Ranieri said when asked how serious the Frenchman’s injury was. “I am not a manager who says ‘Oh, there was a penalty.’ For me it’s OK”, Ranieri said.

“Spending the money and buying a top player, that is different”.

“I just said I’d spend £300m if I find the player and I had £300m”.

“Not to forget as well that we are a club who has 600 employees who we need to have a responsible attitude for as well”.

“It’s a bit surprising that you come out of football games, you don’t speak about football”. You have to speak about money. I (will) spend £300 million if I find the player.

“They (the fans) are highly influenced by the media, that’s part of the process today. We look and analyse absolutely everything and we have to make the right decisions”. I’m not the only one. But I’m sorry, he didn’t cost 55 million, so he can’t be good.

Arsenal defender Rob Holding was unconvinced that Leicester were hard done by. It’s something to build on, it’s a point on the board and we’ve got Swansea next weekend. The result is good and we deserved a little more but it’s OK.

“I’m leaving it to them, I’m not getting involved and I’m just trying to concentrate on my football and what happens out on the pitch”, he said.

“It was a fight until the end and you could see Leicester have some mental qualities and that explains why they were champions past year”.

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Leicester had penalty claims waved away when Danny Drinkwater and substitute Ahmed Musa went to ground during the closing moments of each half, although referee Mark Clattenburg was fittingly uninterested as he oversaw a match that did little to fire the imagination.

Danny Drinkwater and Theo Walcott during Saturday's 0-0 draw