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.
Saturday morning's headlines:
Arsenal youngster Xavier Amaechi to move to Germany?
Arsenal's 18-year-old forward Xavier Amaechi is reportedly close to a £2.2m move to Hamburg. Read more.
Ian Holloway tells Wilfried Zaha to aim for "top club"
Former Crystal Palace manager Ian Holloway tells Wilfried Zaha to either move to a "top club" or remain at Selhurst Park. Read more.
Napoli reach agreement with Lille for Nicolas Pepe
Napoli reach an agreement with Lille over Nicolas Pepe, but they must still thrash out personal terms with the Ivorian winger. Read more.
Lennon: 'Celtic have contingency plans if Tierney leaves'
The Hoops have so far rejected two bids from Arsenal for £25million-rated left-back Tierney. Read more.
Borussia Dortmund in talks for Arsenal target Malcom?
A report claims that rumoured Arsenal target Malcom could be on his way to Borussia Dortmund as the German side are prepared to pay Barcelona £38m. Read more.