Arsene Wenger's 'first target of the summer' is to ensure key members of the Arsenal squad remain at the club.
Mathieu Flamini's future at Emirates Stadium remains in doubt with Juventus keen to sign the midfielder, whose contract expires at the end of the season.
Alexander Hleb, meanwhile, is reportedly drawing interest from a number of clubs across Europe.
And while Wenger is prepared to strengthen during the summer, his No.1 priority is ensuring he keeps hold of his star players.
"There is money there [for transfers], but not as much as I read in the newspapers, because that is not true," Wenger told the club's official website.
"However, with my financial package, the first thing I have to make sure is we keep the players we have at the moment. That is what people forget.
"The new rules put you under threat to lose your best players because after three years any player can walk out and after two any player over 28.
"So the rules and the structure of the wages bill is always under threat.
"My first target of the summer is to make sure what we have here stays here, and after, if there is still money available, to buy players.
"It is not as simple as it looks when you read there is so much money available to buy players - that transfer budget also includes the improvement of the wages.
"Who we will buy in the summer is not decided yet, but I have players in mind.
"We have lists which we keep up to date, player number one, two, three or four in the positions we look for - and you go of course for the number one."