So, just to be clear, you don't want to spend any of 1000g on magic items of any kind. You'll have ~300g of mundane items and nothing else? Slaves aren't allowed savings or personal items. Each of you is allowed a couple small mundane non-weapon/implement thing. Like Rodeh's necklace. You can have hidden away some money, but there's a chance it will be found and confiscated.
No, I think something got lost in the translation somewhere. Let me see if I can explain it the way I see it, then you can correct me on it (obviously I'm not following you somewhere, sorry about this ><).
1.When I first created Rodeh, I gave him the weapon and armor he is currently using in the arena (the ones that are on loan), and then adjusted his money to 300 gold per the character creation method you described in the OOC. I was never under the impression that I had 1000gold.
2. For some reason, it showed up as 1000gold to you when you viewed my character sheet, thinking that I hadn't spent any money at all. It's true that I didn't spend any money, but I never had 1000 gold.
3. I went back to my character sheet and sure enough, it said 300gold. I bought a normal heavy shield, normal leather armor, and a normal longsword (I think that's about 50gold or so), leaving the other 250gold intact. As we both know, 250gold is not nearly enough to buy any kind of magic item, and I assumed that since we are in the arena anyway, having a magic item would get it taken away from me.
In summary, Rodeh currently has (at least the way my character sheet looks).
1. Magic Equipment given to him on loan from the Arena
2. Mundane equipment that is similar to the magic stuff
3. 250 gold