But while much of the focus will be on potential incomings, there’s also the very real likelihood that a number of players could leave the Emirates too.
Offloading certain talents may be just as important as bringing people in this summer, with the transfer window opening on June 10th.
And as always, there’s no shortage of speculation surrounding Mikel Arteta’s squad, and who could depart.
But which players could actually leave the club?
We’ve looked through all of the Gunners’ first-team stars and assessed which ones could potentially seal an exit in the near future.
Each player has been rated based on how likely they are to depart the club, whether it be on loan or permanently.
5. Gabriel - Very unlikely
Recent reports suggest that the defender is in line for a new contract, and as such, is unlikely to be leaving any time soon. | Arsenal FC via Getty Images
6. Rob Holding - Unlikely
The 26-year-old has come into his own for the Gunners, and looks set to stay put this summer. | Getty Images
7. Kieran Tierney - Very unlikely
Injury issues have dented Tierney’s game time in recent months, but there’s no doubting how important he is when he is fully fit. | Arsenal FC via Getty Images
8. Nuno Tavares - Unlikely
A willing worker who should still be in north London by the time next season rolls around. | Getty Images