Fabregas remained at Emirates Stadium this season despite strong rumours linking him with a switch to La Liga champions Barcelona.
The Gunners have struggled to recapture glory under boss Arsene Wenger, with their last success coming in the 2005 FA Cup final.
And in a week where Manchester United's ambition was questioned by Wayne Rooney, Fabregas was quizzed on where his priorities lie.
The Spaniard said: "I would never join a club solely for money - that would be one of the last points on my agenda.
"I love the game. I want to win things and would only want to play for a club that has ambition, a desire to compete and the ability to win trophies.
"Manchester City can buy anyone they like but you need time to gel as a unit and there is no rule that if you spend £50million on a player he will be an instant success.
"There have been many players at many clubs over the years that have gone for huge money but haven't done well.
"Conversely there have been many players who have arrived for nothing and have done very well.
"No team in world football can enjoy the financial power that City have - not just Arsenal.
"However, financial power is not the only ingredient for success. Sure it helps, but there are other things you need.
"I strongly believe we have as good a squad as anyone in this league. If we have a bit of luck on the injury front we can achieve great things."
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