Arsene Wenger has ruled out the possibility of Arsenal making any signings before the January transfer window closes.
The Gunners have spent just £40,000 this month on Cohen Bramall from Hednesford Town as they have focused instead on renegotiating contracts for existing players.
Although the futures of Mesut Ozil and Alexis Sanchez remain uncertain, the club have announced fresh agreements for Francis Coquelin, Olivier Giroud and Laurent Koscielny.
Danny Welbeck marked his first start since April by netting a brace in Saturday’s 5-0 FA Cup win at Southampton and with Santi Cazorla now the only first-team player suffering a lengthy injury absence, Wenger believes there is no need to make further acquisitions before tomorrow’s 11pm deadline.
“On our front, we have a big squad,” said the Gunners boss.
“We are not in need of buying. On a general front it has been very quiet.
That shows that there are not many players available who can strengthen English teams.
It also shows that all the teams in England, especially the big teams, have big squads. That’s why not a lot happened.
“I believe that number-wise and quality-wise, we have what is required to do well. Now it’s down to us to perform and to produce with the quality of our focus, the quality of our ambition and desire to produce the performance in every single game.
“Danny’s return, the quality of all our players… on the offensive front we played at Southampton with Lucas Perez, Theo Walcott and Welbeck.
Olivier Giroud was not involved, Alexis Sanchez was on the bench, Mesut Ozil did not play, so offensively we have a very strong squad.”
With Liverpool and Chelsea facing off on Tuesday night, Arsenal will be looking to capitalise on any potential slip-ups from their Premier League rivals as they welcome Watford.
Arsene Wenger's Gunners sit eight points behind Chelsea with 16 games remaining, and need Jurgen Klopp's Liverpool to do them a favour and beat Antonio Conte's league leaders to open up the title race.
Arsenal must overcome Walter Mazzarri's Watford in a London derby at Emirates Stadium to put pressure on the Blues, and the Hornets are winless in seven league games.
Wenger will be serving the second game of his four-match touchline ban against Watford, but with a trip to Stamford Bridge up next for the Gunners, Arsenal do not their coach on the sidelines to remind them that Tuesday's encounter could be an important stepping stone to a potentially decisive title clash this weekend.
TEAM NEWS
Santi Cazorla is now the only absentee for Arsenal, though the Spanish midfielder may be out for the rest of the season with his achilles injury. Danny Welbeck returned in style in the FA Cup, scoring the first two goals in a 5-0 away win against Southampton on Saturday to hand Wenger a striking dilemma regarding his front line.
The manager must decide whether to stick with the likes of Welbeck and Walcott - who scored a hat-trick against the Saints - or restore Olivier Giroud to the starting line-up against Watford.
With Mohamed Elneny still at the African Cup of Nations, Alex Oxlade-Chamberlain could continue in central midfield after an excellent showing at St Mary's.
Mazzarri will almost certainly be without Costel Pantilimon after the goalkeeper was injured in the FA cup exit at Millwall, but Heurelho Gomes was likely to start at the Emirates anyway.
Christian Kabasele may return from injury, while Valon Behrami (hamstring), Nordin Amrabat (ankle) and Isaac Success (hamstring) are all doubts. Roberto Pereyra remains out with a serious knee injury.
New forwards Mauro Zarate and M'Baye Niang will both be pushing for a start at the Emirates, but may well be used off the bench in the second half.
POSSIBLE LINE-UPS
Cech; Bellerin, Mustafi, Koscielny, Monreal; Oxlade-Chamberlain, Ramsey; Walcott, Ozil, Sanchez; welbeck
Watford: Gomes, Kaboul, Prodl, Britos, Janmaat, Capoue, Doucoure, Holebas, Cleverley, Okaka, Deeney
Non-league outfit Sutton United have been drawn at home against Premier League giants Arsenal in the fifth round of the FA Cup.
The lowest-ranked side in the competition continued their dream run with a 1-0 victory over Leeds United on Sunday, a Jamie Collins penalty edging them into the last 16 of the competition.
Their reward is a tie at Gander Green Lane against the 12-time winners, who share the record for clinching the most FA Cup trophies with Manchester United.
Lincoln City, the other non-league side left in the tournament, have also been given a Premier League opponent in round five, coming up against Burnley - who won the cup in 1914 - at Turf Moor.
None of the top-flight sides have been drawn against each other, and the five top-ranked sides in the competition are all away, meaning that each tie has the possibility of an upset.
Tottenham Hotspur have a London derby as they visit Fulham, Man United are at Blackburn Rovers, Chelsea travel to Wolverhampton Wanderers, and Manchester City are away at Huddersfield Town.
Finally, Oxford United travel to the Riverside Stadium for a tie against Middlesbrough, while Millwall will host either Derby County or Leicester City.
FA Cup fifth-round draw in full:
Burnley vs. Lincoln City
Fulham vs. Tottenham Hotspur
Blackburn vs. Manchester United
Sutton United vs. Arsenal
Middlesbrough vs. Oxford United
Wolverhampton Wanderers vs. Chelsea
Huddersfield Town vs. Manchester City
Millwall vs. Derby County/Leicester City
