Chairman Peter Hill-Wood has admitted Arsenal will look to tighten their purse strings in light of the current economic downturn.
Gunners boss Arsene Wenger has been linked with a host of players in the transfer window as his youthful squad has struggled with injury problems so far this season.
However, Hill-Wood has suggested the Frenchman is unlikely to splash the cash with the club concerned at the uncertain financial climate.
"I don't think there is a lot of money anywhere," Hill-Wood told Daily Star.
"One has got to look ahead - in the future there is probably not going to be much more money coming in.
"We have got money, but I am not sure we are going to spend it. We've got to continue to run the business in a sensible way.
"It may sound boring, but we are not going to rush out and spend fortunes on people who won't help us achieve anything better than where we are at the moment.
"Arsene has a lot of young, talented players at the club and I think he will probably give a chance to one or two of them."