The Gunners boss is refusing to buy simply for the sake of it, despite seeing injuries decimate his squad.
The Gunners have been hit by a number of injuries to key players over the last month, with it threatening to seriously hamper their title challenge.
The latest to pick up an injury is Francis Coquelin, with the defensive midfielder having been ruled out for three months with a knee problem.
The Frenchman is a massive loss for Wenger’s side, such is his importance to the way they play, with backups Mathieu Flamini and Mikel Arteta doing little to inspire confidence.
Wenger has been urged by some factions to strengthen in January, but he insists they will only do so if he spots the right players at the right price.
“We are in a position where we want to do something. If I find the right quality I will do something,” talkSPORT reports him as saying.
With Wenger insisting it will take a quality player being available to make him move in January, any business therefore looks unlikely.
The January window is notoriously difficult to secure top-level players in, with clubs naturally reluctant to lose their biggest assets halfway through a season.
That is likely to mean that Wenger will struggle to get the players he wants, suggesting it could be another quiet winter at the Emirates on the recruitment front.