Wenger has been on the lookout for potential Arsenal signings at Euro 2008 and has so far been tipped to make a move on Russian ace Andrei Arshavin.

But the Gunners boss says his pockets will not be deep enough to compete with Europe's top clubs in the transfer market and confessed that he will most likely focus on making sure that players like Emmanuel Adebayor stay in England.

Forced to watch Mathieu Flamini leave to AC Milan on free transfer, Wenger now faces battle to keep Adebayor - who is rumoured to be on the brink of finalising a big-money move to the San Siro - on as his star striker.

"I brought my chequebook (to Euro 2008) but, having looked at the prices, I've realised it isn't big enough," Wenger - who also hopes to hang on to Alexander Hleb - said in the English press.

"I've not been surprised by the quality on show. There is a fantastic young generation of players coming through.

"But I will use my chequebook first to keep the players I already have."