With many people humming and haa-ing about the goings and not many comings at Arsenal so far this close-season, has anyone ever stopped to think about the position that Arsene Wenger is in?

Or perhaps the position he has put himself in at a time when Arsenal really have to be careful about balancing the books after a huge, huge investment on a new stadium?

It's been two years since the Emirates opened its doors and money will no longer be an obstruction to Wenger, but he has never been one for outlandish spending, and the kind of money he has made for the club during the time of prudence is a remarkable feat. For which he should be applauded.

Believe me, the transfer season will explode into full-blown action very soon as many proposed transfers become the key to unlocking a wave of others. Aleksandr Hleb has got his wish with his move to Barcelona. Now we will have to wait for this transfer logjam to unravel and see what occurs next. There will be a domino effect and basically it could come down to when or if Cristiano Ronaldo leaves Manchester United.

Wenger cannot hope to keep players at a club they no longer want to play for, but his no-contract rule for people nearing 30 years of age means a rather quick turnover of players at Arsenal is bound to happen.

Samir Nasri has been brought in for roughly the price that Arsenal received from Barcelona for Hleb, so Wenger again has dabbled and tinkered and brought in a highly talented youngster who has unfortunately been compared to Zinedine Zidane simply because of the Algerian connection.

Hleb is 27, Nasri is 21, and it's a sound move by Wenger. What happens with Emmanuel Adebayor is anyone's guess. AC Milan and Barcelona are sniffing around yet I don't think that Wenger wants him to leave.

Adebayor's introduction after Thierry Henry left brought a new option for Arsenal and it would have been successful if Arsenal had not, at least in Wenger's eyes, had one of the unluckiest seasons ever.

We all know that Wenger is a very astute manager and he sold Henry at the right time. You only have to look at Henry's performances over the last nine months to see the manager was right to let him go.

Arsenal fans trust in Wenger and he more or less always repays that faith. They will sign one or two more to add depth to the squad but the basis for a full-time assault, not petering away after Christmas, on the Premier League will be there.

There is no point in trying to guess who Wenger will come up with next, but one thing is for sure - they will be of the highest quality and young.