Mikel Arteta has made strengthening his midfield a priority this summer as he searches for an ideal partner for Thomas Partey.
Mikel Arteta and Ole Gunnar Solskjaer are both keen to strenthen their respective clubs' forward line during the upcoming summer transfer window.
Mikel Arteta is looking to make a raft of changes to the Arsenal first-team squad ahead of next season after a poor 2020-21 campaign.
Arsenal signed Dani Ceballos for a second season-long loan at the start of the current campaign but the midfielder has failed to make an impact.
Arsenal are keen to ensure their top young talents are tied down to new long-term deals to avoid losing them on a free transfer or to a rival club.
Martin Odegaard has made an instant impact since joining Arsenal on a six-month loan deal from Real Madrid in January.
Arsenal have been heavily dependent on Bernd Leno between the sticks this season and Mikel Arteta is keen on bringing in an experienced backup for the German stopper.
Arsenal convinced Folarin Balogun to sign a new deal and remain at the Emirates Stadium until 2025 leaving the door open for Eddie Nketiah to depart.
Arsenal has been in talks with Folarin Balogun for a number of months and have fended off interest from clubs in England and abroad.
Chuba Akpom is currently on loan with Belgian club STVV and has impressed his new employers after just three appearances.
The Greece Under-21 international could have joined a myriad of clubs before eventually moving to The Emirates Stadium.
Arsenal paid a club record £56m to sign Pierre-Emerick Aubameyang from Borussia Dortmund last month.
Jonny Evans was beyond Arsenal's price range during the January transfer window, according to manager Alan Pardew
Chelsea and Arsenal have struggled in the league as they sit in fourth and sixth place respectively, with five points separating the two clubs.
Mathieu Debuchy left Arsenal for Saint-Etienne in January after the Gunners terminated his contract but had hoped to leave before last month.
The 29-year-old had just five months left on his previous deal and was looking likely to leave, having been linked with moves to Manchester United and Barcelona in the interim.
Theo Walcott's former club Southampton were also interested in re-signing the forward before he joined Everton in the January transfer window.
Chuba Akpom went out on his sixth loan spell after failing to break into Arsenal's first-team under Arsene Wenger.
Former Liverpool managing director Christian Purslow believes Alexis Sanchez and Henrikh Mkhitaryan's swap deal between Manchester United and Arsenal is a good outcome for both clubs.
The new deal will see Ozil, who joined Arsenal from Real Madrid for £42.5m in the summer of 2013, earn around £350,000-a-week, according to BBC Sport.
Aubameyang sealed a £56m transfer to the Emirates Stadium on 31 January, with Olivier Giroud moving to Chelsea in an £18m deal.
Wenger sanctioned a number of departures on deadline day with Akpom, Reine-Adelaide and Bielik leaving on loan, while French duo Debuchy and Giroud left on permanent deals.