The summer transfer window has now begun, with rumours and speculation continuing to swirl as Arsenal eye possible reinforcements.
The Gunners spent more than many expected last summer - most notably their club-record purchase of Nicolas Pepe - but were more reserved in January as they focused on bolstering their defensive options.
Here, Sports Mole rounds up the latest news on possible comings and goings at the Emirates Stadium.
Tuesday morning's Arsenal transfer talk news roundup:
Arsenal agree deal in principle for Lille defender Gabriel Magalhaes?
Arsenal reportedly have an agreement in place with Lille for in-demand central defender Gabriel Magalhaes.
The 22-year-old has been given the green light to depart the Stade Pierre Mauroy this summer if the right offer is made.
A number of clubs have showed an interest in the Brazilian defender, with Napoli rumoured to have been on the brink of signing him as a direct replacement for Kalidou Koulibaly.
Manchester United, Paris Saint-Germain and Everton are also believed to be weighing up bids, but The Telegraph claims that Arsenal are now closing in on the signing of Gabriel in a deal worth around £27m.
The same report indicates that skipper Pierre-Emerick Aubameyang is also on the verge of penning fresh terms at the Emirates Stadium in a huge double boost for the Gunners.
Arsenal 'agree new contract with Pierre-Emerick Aubameyang'
Arsenal have reportedly agreed a new deal with club captain Pierre-Emerick Aubameyang.
The 31-year-old's existing contract at the Emirates Stadium is due to expire next summer, and he has been strongly linked with a move away from the Gunners in recent months.
Aubameyang led Mikel Arteta's side to the FA Cup trophy during the 2019-20 campaign, though, and ended the season with 29 goals in 44 appearances in all competitions.
According to The Telegraph, Arsenal have now 'agreed terms' with Aubameyang over a new deal, meaning that an announcement could be imminent.
The Gabon international dropped a hint on Sunday afternoon that he is close to penning a new contract.
The former Borussia Dortmund forward has scored 70 times in 109 appearances for the Gunners since arriving at the London club in January 2018.
More transfer news from Arsenal:
Arsenal allegedly make contact with Barcelona to propose a loan-to-buy deal for out-of-favour playmaker Philippe Coutinho. Read more.
Ghana boss urges Thomas Partey to snub Arsenal
Atletico Madrid midfielder Thomas Partey should reject the chance to sign for Arsenal, according to Ghana boss CK Akonnor. Read more.
Arsenal's Alexandre Lacazette 'among Juventus targets'
Juventus are interested in signing Arsenal striker Alexandre Lacazette this summer, according to a report. Read more.
Philippe Coutinho 'could still have Barcelona future after Setien sacking'
Barcelona's Philippe Coutinho could stay at Camp Nou provided he is given the chance to prove himself under La Blaugrana's new manager, according to a report. Read more.