• ‘I have been in that position for 21 years so I can’t start to complain now’ • Wenger says he expects progress on new Arsenal deal for Jack Wilshere

Arsène Wenger has told José Mourinho that he has spent the duration of his 21 years at Arsenal as a poor relation of the Premier League’s financial elite. Mourinho said on Boxing Day that his lavish spend on players since he took charge at Manchester United in the summer of last year – which stands at £261m – was not enough to level the playing field with Manchester City.

Wenger smiled broadly at his old rival’s plea of poverty and he said that a manager simply had to find other ways to close the gap. “I have been in that position for 21 years, so I will not start to complain now,” Wenger said. “There is always one team, sometimes four, who were richer than I was, so I learned to cope with that and to deal with that.

José Mourinho says ‘£300m not enough’ for Manchester United to compete Read more

“I think what is most important is you deal with your own situation as well as you can and, yes, Manchester City are richer than us; yes, Chelsea are richer than us and Manchester United are richer than us but I still believe we have to find a way to be successful.”

Wenger did not rule out making a new signing in January, although he anticipated that he would be busier fielding enquiries about his fringe players. Calum Chambers is one he would consider loaning out. “I will be busy, yes, because first of all you have clubs that call you to get players on loan or to buy your players,” Wenger said. “As well, I’m open-minded to any possibility to strengthen our team.”

Play Video 1:55 Mourinho says ‘£300m not enough’ for Manchester United to compete – video

Wenger said he would sit down with Jack Wilshere to discuss the possibility of a new contract for the midfielder. Wilshere, who has six months to run on his deal, has taken advantage of Aaron Ramsey’s hamstring injury to force his way back into Wenger’s preferred lineup in the league. “I believe that if we can meet a point of agreement financially, he will want to stay,” Wenger said.

Wenger also reiterated that he expected Alexis Sánchez – who remains a target for Manchester City – to stay for the second half of the season and see out the final months on his contract. Sánchez has made it plain he will not re-sign at Arsenal while Mesut Özil, who is in the same contractual position, is of a similar mind. Özil stands to be in the shop window as a free agent at the World Cup finals with Germany next summer.

“Honestly, no, we have not been approached by anyone,” Wenger said, with reference to Sánchez. “I’ll just stick to what I said before on him.”