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.
Thursday morning's headlines:
Arsenal contacted Real Madrid during the summer to enquire about Vinicius Junior, according to a report. Read more.
Sanchez, Mkhitaryan swap 'will cost Arsenal and Manchester United almost £50m'
The swap deal between Arsenal and Manchester United for Henrikh Mkhitaryan and Alexis Sanchez will reportedly cost both clubs in the region of £50m on wages alone. Read more.
Henrikh Mkhitaryan excited for "new chapter" at Roma
Henrikh Mkhitaryan is excited about the "new chapter" in his career after joining Serie A side Roma from Arsenal, where he struggled to adapt to the Premier League. Read more.
Alexis Sanchez insists he does not regret Manchester United move
The Chilean will spend the season on loan at Inter Milan. Read more.