Arsenal are reportedly resigned to missing out on Monaco winger Thomas Lemar in the current transfer window.
According to Rob Draper of the Mail on Sunday, the French champions are reluctant to do business for their talented midfielder.
"Monaco's stance is irrespective of whether Kylian Mbappe, being chased by Paris Saint-Germain and Real Madrid, leaves this month," said Draper.
"And the reality of having to pass on Lemar for now means that Arsenal are unlikely to make any further signings this summer."
Draper added that, instead of pursuing new players, "all energy will be focused on reducing the wage bill with a string of names available to leave.