Bayern Munich coach Jurgen Klinsmann has contradicted comments made by his chairman Karl-Heinz Rummenigge, claiming he does have a squad capable of winning the Champions League.
Rummenigge had on Friday claimed that the breakdown of the new television deal was the death knell for German clubs in Europe and that there would be no Champions League winner from the Bundesliga in the foreseeable future.
But Klinsmann believes there is a lot more than just money goes into winning Europe's most prized club trophy.
And he feels he has just the ingredients to achieve it.
'I don't accept the argument of the financial discrepancy to the big (clubs),' he said. 'The top 15 clubs in Europe are all filled with international players and at the end of the day it is the atmosphere and the philosophy to work which is more important than a 100million euro transfer.
'Internazionale have always spent 50-100million euros each year for new players over the past decade, but the chemistry was never right.'
Bayern invested over 75million euros last summer to build a squad which then went on to win the Bundesliga and DFB-Pokal as well as reach the last four of the UEFA Cup.
But the Bavarians have been quiet in the transfer market this summer, not spending a single penny with free-transfer arrivals Tim Borowski and Hans-Jorg Butt the only new faces on the playing staff.
Klinsmann feels that philosophy may continue without his side deteriorating.
'There can be as many billionaires as you want, whether they be from Russia or the States, but when I work with a top squad, and we can do that at FC Bayern even without the 50million (euro) signings, then we have enough chances to keep improving this squad,' he told the Suddeutsche Zeitung newspaper.
'My job is to improve my people so that we can compete with the financially strong clubs like Chelsea or Milan. It will be the result of many small things coming together which will make for successful football.
'In the semi-final of the (2006) World Cup, we had a free-kick against Italy in the 89th minute on the edge of the penalty area. You might have said: lift that over wall and, bang, we are in the final.
'Budgets don't play any role whatsoever in moments like that, otherwise Chelsea would have won everything going for the last few years.'