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Arsenal CEO Vinai Venkatesham defends the club's decision not to sign anyone in January as none of the options given to them made sense... and reveals plans to revamp the 60,000-seater Emirates Stadium

Arsenal chief executive Vinai Venkatesham has defended the Gunners' lack of spending in the January transfer window as none of their potential options made sense in the market.

The north Londoners failed to bring in any new faces during the winter window, despite letting five first-team players leave the club, including former club captain Pierre-Emerick Aubameyang.

Even though the Gunners failed to add to Mikel Arteta's squad in a crucial run-in as they plot for a top-four spot, Venkatesham admits Arsenal were active in the market but chose not to take a risk - and promised more player investment in the summer.