Arsene Wenger has taken a huge amount of criticism for his frugal nature, with the Arsenal boss keeping his cheque book firmly closed for a number of years. His budgeting was somewhat justified however, with the massive expenditure on the Emirates Stadium limiting him significantly.
The last few seasons we have seen a different side of the Frenchman though, and despite the manager still somewhat cautious in the market, he has definitely displayed a willingness to spend.
With the acquisition of players such as Mesut Özil and Alexis Sanchez, we have splashed out well in excess of £100m over the last couple of years.
Wenger may not have brought in the defender and defensive midfielder fans were clamouring for this past summer, but he has at least shown that if the right player becomes available he is not afraid to spend big.
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Arsene Wenger has recently hinted that he may still be in the market for another player this window, but who would we actually sign? And who do we need?
For years now our squad has looked threadbare, and when looking at our bench more often than not you would see a handful of relatively unknown youngsters. This has changed recently, and for once we look in a fairly solid position.
Against Manchester City last weekend we had a bench stocked with the likes of Theo Walcott, Mesut Özil, Kieran Gibbs, Calum Chambers, and Wojciech Szczesny. Very few teams can boast a bench of that calibre, and our squad as a whole is arguably stronger now than it has been for a decade.
We have, in the past, been left with glaring weaknesses in our side, and have at times been in a position where one or two injuries had the potential to totally derail our season. We now appear to have excellent depth however, and arguably have two players for every position.
Here are two possible starting XIs, neither of which would really look out of place in a Premier League clash.
There are, of course, a huge number of players who could improve the side, and Wenger should by no means be content to just sit back and admire his work. We are in my opinion however, no longer in a position where we need to rush out and buy players to fix obvious problems in the squad.
A defensive midfielder should still be a top priority next summer, and with so many attacking players heading out on loan this window we should be evaluating our options and looking at possible replacements. For the moment though, I am pleased with the squad we have, and am excited to see what the second half of the season brings.