Arsene Wenger insists Arsenal will only sign “one or two more players” this summer.
The Gunners have already completed a deal to sign Borussia Monchengladbach midfielder Granit Xhaka, with the Swiss international expected to finalise his transfer after Euro 2016.
Arsenal, who finished second in the Premier League behind champions Leicester last season, are looking to close a ten-point gap to the Foxes next campaign in their search for a first top-flight title since 2004.
Many expected the north London side to act in the transfer window after making only one signing last year, that being goalkeeper Petr Cech.
Speaking to French TV however, Wenger has dismissed the idea of signing too many players.
“So we’ve bought one midfielder and we’re still in the market to buy one or two more players,” he said.
“It is not just buying. We have to keep a good balance. If you buy too many players you destabilise your team. So three is the maximum.”
A move for Leicester striker Jamie Vardy now looks unlikely, with the 29-year-old expected to reject a deal to move to the Emirates.
Wenger admitted at the weekend that the England international is likely to stay at Leicester, and the club will now look elsewhere for striker reinforcements.