ARSENAL director Danny Fiszman has backed Arsene Wenger's decision not to splash the cash at the Emirates Stadium.

Despite having a paper-thin squad, Frenchman Wenger refused to be held to ransom during the transfer window and surprisingly made no new additions on Monday before it slammed shut.

But the Gunners second largest shareholder Fiszman, claims the former Monaco chief knows exactly what he is doing to try and end the north Londoners three-season trophy drought.

"You either believe in Arsene or you don’t and we do,” stated Fiszman in the News of the World.

“We believe in the way he manages the club.

"We have total confidence in him.

"You can understand the mentality of other managers who say they have to buy the finished article because the average 'life' of a manager is so short.

"But Arsene has not gone down that route. His words were ... 'I want to leave it in better shape than when I came'.

"Now hopefully we'll have trophies along the way but he doesn't want to buy success this year and next year we have a bad year and the next we haven’t got a pot to piss in. We’ve seen all that too often."