Manager Arsene Wenger is confident Arsenal will make the signings they need with 10 days of the transfer window remaining.
The Gunners have failed with moves for Gonzalo Higuain and Luis Suarez, with bids for Wayne Rooney and Luiz Gustavo also reported, as frustration builds among supporters over the lack of new arrivals.
An offer for Newcastle midfielder Yohan Cabaye has been rejected, while Karim Benzema and Angel Di Maria are reported to be targets.
Wenger also refused to comment on whether former midfielder Mathieu Flamini would be rejoining, stating that he is only training with the club, but the Frenchman insists Arsenal are still a draw for players.
"Yes I'm confident that we'll make the signings we need because of the desire of the players to join us," he said.
"There's also the fact that while we maybe don't have as much money as everybody writes, we have some funds available to do transfers.
"We've worked on it very hard but it hasn't come off as quickly and as well as we wanted.
"You'd be surprised how early we acted. In our job you can spend a lot of time, not going on holiday and work on things without it coming off.
"In football you have to deal with any situation and be patient. As long as the window is open, anything can happen until the last minute."