It’s not true at all if:
One. Arsenal are limited by external wage control measures when it comes to our ability to spend without ANY outgoings this season so far. That just a circumstance of poor management from the football experts.
Two. The decision to avoid permanent deals in January is new policy in reaction to the fact that the winter Window is generally terrible time for doing major transfers because it’s mid season, teams are reluctant to sell and players hesitant to leave hence high premium in fees and wages.
Sanllehi indicated in November that there was a firm strategy set in the summer and it didn’t sound like major spending in Jan was ever the plan regardless of how the season was progressing.