Arsenal manager Arsene Wenger revealed the Gunners are still monitoring players as they look to strengthen their squad ahead of the new season.

The Gunners will be involved in the Emirates Cup this afternoon as they face A.C. Milan and speaking on Friday during the tournament’s press conference, the Frenchman again addressed problems at the back saying how last season showed that three centre backs are not enough for such a long season, reason why a new defensive player could be added to the squad.

Wenger said how the signings of striker Marouane Chamakh and defender Laurent Koscielny are two important additions to his Arsenal side but as it was in the past couple of years, late signings are still a possibility.

He concluded by saying how there is little or no activity going on in the transfer market as clubs are “very tight” with money.

On Friday, Wenger said:

At the moment we are still looking outside to strengthen the squad. If we find the right players we will do it.

We are still on the search because at the moment we only have three centre backs and we have seen last season you needed five. I believe we need at least four because we have some other players who can fill in this position but overall we are still on the search.

We have signed Chamakh and Koscielny already. There are always two periods in the transfer window – very early and very late.

I always did [business] very early. And I always did it very late.

The transfer market overall is very quiet. Clubs are very tight with money.