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Arsene Wenger: 'Money not a problem for Arsenal in transfer market'

Arsene Wenger tells Arsenal fans to 'not panic' ahead of the new season, as questions continue to be asked of the Gunners' lack of signings this summer.

Arsenal manager Arsene Wenger has urged supporters to remain calm as the club continues its search for new players.

The Gunners are in the market for a defender and striker after so far making just one major signing this summer in midfielder Granit Xhaka, who joined for £30m in May.

Wenger insists that money is not a problem for Arsenal when it comes to luring big-name players to the Emirates Stadium, but more the lack of quality options available to fit his strict criteria as he looks to build a title-winning squad.

Speaking to the club's official website after the Gunners' 8-0 win over Viking FK on Friday, the Frenchman said: "It's not the prices, it's the players. At the moment I'm focused on the players we have. Today we didn't have [Aaron] Ramsey, Xhaka, Alexis [Sanchez] - he will play on Sunday. We still have [Mesut] Ozil at home; [Olivier] Giroud and [Laurent] Koscielny too.

"We also have young players who came on and did well. We do not have to panic but we are on alert in the transfer market so that we can make the right move when the opportunity comes up. The money is never a problem if you have to pay what is requested.

"The price of a player is down to four ingredients. One is the talent, two his age, three is how much you expect him to improve your team, and four his resale value. If he ticks all four boxes then the price is not that important. You have to find the player."

Wenger confirmed that Arsenal will be without Giroud, Koscielny and Ozil for their home opener against Liverpool in a week's time, while Jack Wilshere is also doubtful after picking up a minor injury.

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Arsenal's German midfielder Mesut Ozil celebrates with Arsenal's French striker Olivier Giroud after Ozil scored his team's second goal during the English Premier League football match between Arsenal and Newcastle United at the Emirates Stadium in London
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