The Gunners boss doesn't believe there is a need for wholesale changes at the Emirates.
The Gunners have recruited big in the last couple of summer transfer windows, spending big money on star names such as Mesut Ozil and Alexis Sanchez in particular.
They have also spent money in bolstering the squad in other areas as well though, with the likes of Mathieu Debuchy and Danny Welbeck being added last summer and centre-back Gabriel joining during the January transfer window.
However, this summer looks like it will be a wholly different scenario, with Wenger saying the squad is not in need of absolute change.
“We are not in need of absolute change [this summer],” he said.
“We have a strong squad and we have some strong young players behind. We are not close to signing anybody; we have a very big squad, so we need to lose some players as well. We have a big squad now, we have Podolski away, Campbell, Sanogo will come back.”
The long-serving manager also believes that his side have made significant progress this season in their quest to return to being Premier League title challengers.
Arsenal have won 17 of their last 20 matches, making the Gunners one of the in-form sides in Europe, and sit third in the table, three points behind second-placed Manchester City but with two games in hand.
Strong showings at the end of the season are a staple of Wenger’s sides over the years, and he says his men need a quick start to next term to show they are capable of fighting for the title.
“We have improved a lot this season,” he added.
“What will be interesting [next season is], let’s get a new start and see where we stand. We feel we have made up some ground, and that will be the challenge of next season from the start. Let’s show we are there and capable of fighting for [the title].”