Like their top-six rivals, Arsenal have been making the transfer headlines with player after player linked to the club.
First up today: Kieran Tierney. According to reports, Celtic have rejected Arsenal's opening offer of £15m for the Scot.
The Gunners have identified the Celtic left-back as a realistic target this summer, and Celtic would reluctantly accept a fee if Arsenal meet their valuation.
But that is well above the £15m opening bid made by the Londoners, and Sky Sports reports that it has been met with a firm rejection from the Scottish Premiership champions.
Meanwhile, the club is considering cashing in on Lucas Torreira after AC Milan made a first bid for the midfielder, claim Italian outlet Sport Mediaset.
Torreira has made it clear that he is struggling to adapt to life in England, raising the interest of a number of suitors on the continent.
Arsenal are continuing to chase Yannick Carrasco as they look to bring in a winger.
The Belgian's agent confirmed over the weekend that the Gunners are one of several interested clubs but Dalian’s stance keeps changing. The Chinese side are currently insisting he is not for sale.
According to The Sun, Unai Emery is set to ask Arsenal chiefs for the money to try and sign Crystal Palace's Wilfried Zaha.
With just £45m available to spend this summer, Arsenal are limited for transfer options but it's been reported that Emery is eager to push for cash.
The Sun claims that Palace are demanding in excess of £55m for Zaha.
Lastly, Real Madrid have slapped a £44m asking fee on Dani Ceballos.
Both Arsenal and Tottenham have been linked to him in recent weeks, with the midfielder set to leave the Bernabeu.
According to AS, Madrid won't accept anything less than £44m for the midfielder.