Arsene Wenger's reluctance to spend big in transfer windows has been a long-standing criticism of the French manager over the last few seasons, perhaps even more so than Arsenal's lack of title success.
In some respects, when we look back at the signings of Alexis Sanchez and Mesut Ozil, this reputation is a little unjustified. But Arsenal fans, a section of whom have kept up an almost constant 'Wenger Out!' campaign, will point to their dealings in last summer's transfer market, when the solid but unspectacular signing of Peter Cech was their only senior capture.
So, as they prepare for a new Premier League campaign which comes hot on the heels of one of the most unpredictable seasons of all time, will Wenger roll the dice, or play it safe once again?
While Wenger might be a gambling man in his spare time - for all we know he could spend the evenings enjoying exciting platforms such as Best Deal Casinos on his PC or tablet - he hasn't shown a propensity for it in his previous spending. Most of Arsenal's big money signings have been proven players rather than unknowns, have wowed us at one of the major tournaments (e.g. Sanchez and Andrei Arshavin), or showed their worth playing for one of Arsenal's rivals (e.g. Cech or William Gallas). That looks set to continue, should last season's Premier League hotshot Jamie Vardy decide to ditch the champions Leicester City for a striker's role at the Gunners.
If Wenger pulls this one off, it will be a huge coup, and surely a tonic for Arsenal fans still smarting from the departures of Robin Van Persie to Manchester United and Cesc Fabregas to Barcelona. Vardy is 29, but shows all the signs of being in the prime of his career, and even a productive two to three seasons could give Arsenal the cutting edge they need to finally win the title.
Yes, Vardy is used to playing in Leicester's counter attacking system, rather than Arsenal's possession-based one. But he has proven an ability to work in tight spaces around the 18 yard box, find openings, and rarely needs more than a couple of good chances to find the net. Other rumoured possibilities include the Borussia Dortmund midfielder Henrikh Mkhitaryan, whose superb technique and passing would certainly fit in with the Arsenal way, and don't rule out the signing of another striker, whether Vardy arrives or not. Alvaro Morata has been linked, with Theo Walcott said to be a target for Liverpool. Left back Ricardo Rodriguez of Wolfsburg is another name that has been banded about, with Nacho Monreal's performances brought into question at times last season.
Whether Wenger opts for conservatism or cuts loose this summer in the transfer market, the capture of Vardy would make a huge statement, in the same way that Manchester United's marquee signing of Andy Cole from rivals Newcastle did in the 1990s. If Vardy can win just a fraction of Cole's medals at United while at the Emirates, Arsenal fans will be happy.