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:
Juventus, AC Milan 'eye Arsenal youngster Sam Greenwood'
Arsenal youngster Sam Greenwood emerges as a target for Juventus and AC Milan, according to a report. Read more.
Real Sociedad 'want Nacho Monreal by Friday'
Real Sociedad reportedly want to complete a deal for Arsenal defender Nacho Monreal as soon as possible so that he can feature for the club on Friday. Read more.
5 players who could still leave the Premier League for Europe
Christian Eriksen, Paul Pogba and Alexis Sanchez all face uncertain futures at their clubs. Read more.