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.
Friday morning's headlines:
Leeds United chief confident Arsenal won't recall Eddie Nketiah
Leeds United managing director Angus Kinnear suggests that Arsenal are unlikely to recall Eddie Nketiah during the January transfer window. Read more.
Arsenal want Red Bull Salzburg youngster Dominik Szoboszlai?
Arsenal reportedly hold a long-standing interest in Red Bull Salzburg youngster Dominik Szoboszlai. Read more.
AC Milan scouting Arsenal, Spurs target Eduardo Camavinga?
Rennes teenager Eduardo Camavinga reportedly emerges as a potential transfer target for AC Milan. Read more.
Arsenal, Chelsea among clubs interested in Ryan Fraser?
AFC Bournemouth are reportedly prepared to offer winger Ryan Fraser a bumper contract worth £100,000 a week to ward off interest from Arsenal and Chelsea. Read more.