I used to think Arsene Wenger was very strict with funds when he was Arsenal’s manger. Arsene Wenger didn’t like to spend money signing players, he was very good at grooming and building young players. I hoped that culture of not spending in the transfer window would change under Mikel Arteta but it seems the club is not changing her ways anytime soon. Even though it’s obvious they are in desperate need of a proficient striker.
Arsenal's principle not to spend a lot during the transfer season already changed since Kroenke has come. They would not be among the clubs that have spent a lot if they were still following Wenger's philosophy. However, it doesn't matter how much money they spent, but the same result as always.