By Nick Teale

Arsène Wenger says football is living in dreamland if it still believes there is a lot of money in the game.

And the Arsenal manager believes January will provide a quiet transfer window because of the number of teams who are struggling for funds.

However the Frenchman says he is proud that his Club remains in a strong financial position.

"It [the January transfer window] won’t be busy," he told reporters at his pre-match press conference on Friday.

"You know why? Because people don’t realise there is no money in football.

"We still live in dreamland in football because if you look at how many clubs are struggling in the Premier League and the Championship in England, it is time for us to get a wake-up call and not think the situation will last as it has until now.

"Overall, England’s football situation financially is very poor. So do not expect a very busy transfer market.

"Arsenal is in a strong financial situation and we are very proud about that.

"With our own resources, we are in a strong financial situation and we are entitled to be very proud of that.

"When we make one pound we do not spend two."

Copyright 2014 The Arsenal Football Club plc. Permission to use quotations from this article is granted subject to appropriate credit being given to www.arsenal.com as the source 18 Dec 2009