Arsenal ultimately suffered a disappointing first campaign under Unai Emery in 2018-19, missing out on a top-four finish in the Premier League and then seeing their final chance of Champions League qualification ended by defeat in the Europa League final.
The Gunners are eager to bolster their squad this summer in an attempt to return to the top table of European football, but Emery is understood to have been given a transfer budget of just £45m to work with.
Here, Sports Mole rounds up the latest news on possible comings and goings at the Emirates Stadium.
Friday's morning headlines:
Arsenal make contact with Gremio defender Walter Kannemann?
A report claims that Arsenal have upped their efforts to complete a deal for Gremio defender Walter Kannemann amid interest from Wolverhampton Wanderers. Read more.
Report: Arsenal want Barcelona winger Malcom on loan
A report claims that Arsenal have enquired about the possibility of signing Malcom on a loan deal, but Barcelona are looking to offload the winger permanently. Read more.
Arsenal chiefs 'appeal to Stan Kroenke to increase budget'
Stan Kroenke has been urged by Arsenal chiefs to give manager Unai Emery more money to work with this summer, according to a report. Read more.
Report: Arsenal to make second bid for Kieran Tierney
Arsenal are reportedly lining up a second bid of £22m for Celtic defender Kieran Tierney after having an initial offer turned down. Read more.
Arsenal make contact with unsettled Marcelo?
Arsenal eye a summer swoop for unsettled Real Madrid defender Marcelo, according to a report. Read more.
Leicester City want Gary Cahill as Harry Maguire replacement?
Leicester City reportedly identify ex-Chelsea skipper Gary Cahill as a replacement for Manchester-bound Harry Maguire. Read more.
Tottenham Hotspur 'best placed' for Real Madrid midfielder Dani Ceballos
Tottenham Hotspur are reportedly in pole position to secure a deal for Real Madrid midfielder Dani Ceballos this summer. Read more.
Walter Kannemann agent alleges Wolves interest
The agent of Gremio centre-back Walter Kannemann claims that Wolverhampton Wanderers have been in touch over a possible deal. Read more.
