Speaking to BBC Sport before Arteta’s news conference, football finance expert Kieran Maguire explained that Arsenal’s lack of business was a decision made in a tough market for buyers.
“As far as the market they would be looking at [is concerned] there are relatively few players,” Maguire said.
“We’ve got the extension of the Champions League and Europa League [into January] so clubs were reluctant to sell.
“So if Arsenal wanted to recruit they’ve really got to go into a rarefied market. I guess they felt there wasn’t somebody who would improve the starting XI or regular 16.”
Arteta said the Arsenal front line will have to be “flexible” and that he might have to “try something different” because of injuries.
Three players left Arsenal during the window, with defenders Ayden Heaven, 17, and Josh Robinson, 20, joining Manchester United and Wigan Athletic respectively.
Brazilian attacker Marquinhos joined Cruzeiro on loan until the end of the season.
Arsenal are second in the Premier League following Sunday’s 5-1 win over Manchester City, six points behind leaders Liverpool having played one game more.
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