Arsenal are not expecting more signings before next week’s transfer deadline despite Nicolas Pepe’s loan move to Nice.
Mikel Arteta had been hoping to buy another winger to replace Pepe who holds a club record £72m and provide competition for Bukayo Saka and Gabriel Martinelli.
But an investigation into the Portuguese international Pedro Neto was rejected.
And the club will not pay ridiculous money, having already paid 120 million pounds to sign Gabriel Jesus, Alexander Zinchenko, Fabio Vieira, Matt Turner and Marquinhos this summer.
Arteta said: “Part of the plan that we have been preparing for the past two months has been that Pepe can leave and now that has become a reality.
“We did our job differently this year.
“We bought players at the beginning of the window before taking out the others and that was more dangerous.
“Now we’ve let the player go and maybe we’ll be able to recruit someone else.
But it is not a guarantee and we will have to wait to see if that is possible.
“Nico has been here for three years and he had some very good moments and others he didn’t contribute much to.
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“He was not responsible for the price the club paid him but he needs to play football again and it was the best decision for everyone to let him go.”
Pepe’s departure could force the club to rethink its plans to allow Reiss Nelson to leave after spending last season on loan at Feyenoord.
Arsenal have also been linked with Leicester star Yuri Tillmans, although the deal has yet to materialize.