First up, according to 90min, the Gunners are prepared to drop their pursuit of Brazilian prodigy Danilo to accommodate the transfer of Youri Tielemans from Leicester City.
With Arsenal sitting at the pinnacle of the Premier League table, they will need to update their midfield if they want to win silverware this summer.
The Belgian international would bring experience and stability in the midfield and the Gunners would have to fork out a fee of around £20m to sign him.
Next, the Evening Standard has reported that the Gunners are ramping up their process of signing Matheus Cunha from Atletico Madrid.
Los Rojiblancos have attached a price tag of £26m to the Brazilian forward and with the Gunners hunting for a forward, Cunha could be a valuable addition.
Elsewhere, according to BILD, Arsenal will have to shell out a fee of £10.4m for the services of Marcus Thuram.
Mikel Arteta had previously identified the French forward as an ideal replacement for the injured Gabriel Jesus.
Borussia Monchengladbach would look to sell him in January for money instead of letting go off him for free in the summer of 2023.