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.
Wednesday morning's headlines:
Arsenal 'learn Dani Alves wage demands'
Arsenal will have to offer Dani Alves a contract worth £200,000 a week if they wish to sign him this summer, according to a report. Read more.
Neil Lennon confirms second rejected Arsenal bid for Kieran Tierney
Celtic are thought to have set a £25million price tag for the left-back. Read more.
Real Madrid midfielder Dani Ceballos close to completing Arsenal loan move?
Real Madrid and Spain midfielder Dani Ceballos is reportedly close to joining Arsenal on a season-long loan move. Read more.
Arsenal 'locked in negotiations with Celtic for Kieran Tierney'
Arsenal are reportedly locked in negotiations with Celtic for the transfer of Kieran Tierney after having a £25m bid for the left-back rejected. Read more.
Arsenal 'plotting £54m swoop for Real Madrid duo'
Arsenal manager Unai Emery is reportedly plotting a swoop to sign Real Madrid duo Lucas Vazquez and Keylor Navas this summer. Read more.
Report: Arsenal send doctors to Brazil for medical report on Everton Soares
Arsenal are reportedly sending doctors to Brazil to conduct a medical on Gremio striker Everton Soares ahead of a potential £25m move to the Emirates Stadium. Read more.
Unai Emery: 'Laurent Koscielny still an important player for Arsenal'
The France international has one year left on his contract with the Gunners. Read more.