Theo Walcott denies Arsenal have fallen behind Tottenham despite a frenzied summer of transfer activity at their north London rivals.

Spurs have spent £43million on Paulinho and Roberto Soldado and, with Gareth Bale set to join Real Madrid, they are ready to fund a £30m move for Roma forward Erik Lamela.

Etienne Capoue and Nacer Chadli have also moved to White Hart Lane, while Arsenal have only recruited striker Yaya Sanogo on a free transfer.

It has been a frustrating summer for manager Arsene Wenger that has seen targets Luis Suarez and Gonzalo Higuain slip through his fingers.

Arsenal and Spurs clash at the Emirates Stadium on Sunday and Walcott issued a rallying cry in response to suggestions the Gunners are weaker.

When asked if Spurs are stronger, he replied: "Not at all. I feel we're very, very strong.

"Everyone makes out our squad is very weak and there are not many of us, but we showed in the last few games that we can bounce back from a bad result, proving a lot of people wrong.

"Every club is different and Tottenham invested their money very well. We just want to do a job on Sunday, we don't care if they have brought in £30m stars.

"They have some very good players and a very good manager, but we need to make sure we focus on ourselves. The way we're playing at the moment we believe we can beat anyone.

"It is a massive game and I always enjoy these derbies. The fans make it very special."