Arsenal are in talks to sign Ajax defender Jurrien Timber, with the 22-year-old keen on the move and expected to receive a substantial salary increase.
Chelsea have sneaked in front of Arsenal in the race to sign Brighton midfielder Moses Caicedo, according to reports.
Arsenal boss Mikel Arteta says it still "hurts deeply" to have missed out on the Premier League title, but he is happy with the progress he has made after taking over a club that had lost its "soul".
Arsenal seem to be leading the race to sign Southampton midfielder Romeo Lavia after he reportedly gave his verbal agreement to join them.
Arsenal have come to an agreement with Chelsea over German striker Kai Havertz's transfer fee.
Arsenal are closing in on Chelsea forward Kai Havertz, while also preparing a third bid for West Ham skipper Declan Rice.