The buildup to the summer transfer window has now begun, with rumours and speculation continuing to swirl as Arsenal eye possible reinforcements.
The Gunners spent more than many expected during the summer - most notably their club-record purchase of Nicolas Pepe - but were more reserved in January as they focused on bolstering their defensive options.
Here, Sports Mole rounds up the latest news on possible comings and goings at the Emirates Stadium.
Saturday morning's Arsenal transfer talk news roundup:
Martin Keown wants Danny Ings to replace Pierre-Emerick Aubameyang at Arsenal
Former Arsenal defender Martin Keown has called on the Gunners to move for Southampton's Danny Ings should Pierre-Emerick Aubameyang leave in the summer.
Aubameyang now has less than a year to run on his current deal at the Emirates, and speculation has been rife regarding the striker's future, with Arsenal set to miss out on Champions League football once again.
Ings has enjoyed a terrific campaign with Southampton and has hit top goalscoring form under Ralph Hasenhuttl, and Keown believes that the Englishman would slot right into Aubameyang's place at Arsenal.
Speaking to talkSPORT, Keown said: "Danny Ings has been outstanding. He presses really well, he's hard working, Southampton are lucky to have him.
"He could slot in anywhere, there would be a lot of clubs that would be interested in this fella if he became available. He's doing it now at the highest level.
"If Aubameyang left would Arsenal be an option? When you've got 20 goals to your name then everybody is interested in you, especially if suddenly you need a striker.
"There's no doubt the top clubs will be really interested in what he does and he's still young enough to get better and develop.
"I would rather have Aubameyang, but if Aubameyang is gone you need goals, you've got to have players in your team that give you belief you will win games, and Ings is one of those.
"So yeah, I don't think I'd be turning him away. I'd be definitely looking at him as a player Arsenal should be interested in."
Ings and Aubameyang are currently neck-and-neck in the race for the Premier League Golden Boot with 20 goals each to their name, three behind current leader Jamie Vardy with two games left to play.
Mikel Arteta has "full faith" in Arsenal hierarchy
Arsenal head coach Mikel Arteta insists he has "full faith" in the club's hierarchy and that he has not been sending them messages about finances during recent media interviews.
Speaking after the 2-1 victory over Premier League champions Liverpool on Wednesday night, Arteta admitted it is a "big concern" that he may not be given the finances to mount his own title challenge.
The Gunners have seen their coffers take a hit in recent years as they prepare for a fourth season out of the Champions League.
Also affected by the coronavirus pandemic, Arsenal may even find themselves without Europa League revenue as they sit ninth in the table with two games remaining – as well as Saturday's FA Cup semi-final meeting with Manchester City.
Speaking in April, director Josh Kroenke said the club are currently operating a "Champions League wage bill on a Europa League budget" – not helped by the fact players like the out-of-favour Mesut Ozil are earning a reported £350,000 a week.
Since Arsene Wenger left the club, Arsenal have altered their backroom structure with head of football Raul Sanllehi and technical director Edu overseeing recruitment.
Former double-winning Arsenal captain Tony Adams hit out at the pair in a talksSPORT interview on Friday morning, claiming they were "out of their depth" at the Emirates Stadium – but they were backed fully by Arteta.
"I have full faith," he said.
"I have a really good relationship with Raul, with Edu, with Vinai (Venkatesham, managing director) and direct contact with the owners.
"We know what we want to do. That's not the issue, for sure.
"There are many different aspects. Obviously the financial one, depending on where we finish, is one. Depending on the future of a few players and obviously depending on the transfer market.
"We don't know the type of transfer market we are going to find. It is something unique, it never happened and there are a lot of question marks around that."
Arteta also revealed he is in regular contact with owner Stan Kroenke and that his questioning of financial options moving forward was not meant as a veiled warning to the club.
"That was misinterpreted. It wasn't my intention," he said when asked if he was sending a message with his comments.
"We work so closely with everyone at the club, with the owners to put the plan that we need to take the club forward. Everybody has the same ambition, we are in all of this together.
"But if you ask me if I know right now what do I have and how can I do it, I'm sorry but I don't know because there are a lot of questions that we cannot resolve right now with the situation we have.
"One is financially and the other one is because we do not know if we are in Europe, and because we have players that we don't know what's going to happen (with). That's the reality.
"It's not about sending a message, we all have the same objective which is to try to bring the club back as quickly as possible, fighting with the top teams in the country and in Europe and that's it, and I want to do that as quickly as possible.
"I speak with them (Kroenke and the directors) and I have a really, really good and open relationship, that's why when you mention that I am surprised because I don't need to do that.
"I can make a phone call and speak to them and they have been very, very supportive from the first day that I joined the club and they were very much participating in the decision to bring me back here – and the same with Raul and Vinai and Edu. There are no gaps or friction or anything there."
More transfer news from Arsenal:
Mikel Arteta 'keen to keep Dani Ceballos at Arsenal'
Arsenal manager Mikel Arteta is supposedly keen to secure the permanent signature of Dani Ceballos from Real Madrid. Read more.
Agent confirms "several offers" for Arsenal-linked Dominik Szoboszlai
Agent Esterhazy Matyas says that Red Bull Salzburg midfielder Dominik Szoboszlai has received "several offers" from interested clubs. Read more.
Chelsea to battle Manchester City for Nicolas Tagliafico deal?
Chelsea could rival Manchester City for the signature of Ajax defender Nicolas Tagliafico, according to a report. Read more.