Following the disappointment of the past week, the Gunners' horizons will have shifted in terms of who they might be able to bring into the club this summer. The club's season has ended in disappointing fashion and Champions League qualification will be dependent on a series of unlikely results in the Premier League finale this weekend.
Tottenham require a point or more away at Norwich on Sunday, while Arsenal face relegation threatened Everton at the Emirates. The chances are that the Gunners will be playing Europa League football next season as a result, meaning that some of the bigger names may look elsewhere.
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Here, we take a look at some of the names in the mix for the Gunners this summer.
Barcelona keen to offload duo, with Arsenal a likely destination
According to Sport, Barcelona are keen to reduce their wage bill ahead of next season with a long list of attacking talent being eyed by the La Liga club. One name who looks to be on his way out of the club is Memphis Depay, for whom the reports suggest that Arsenal are the most interested party.
The Netherlands forward doesn't appear to be part of Xavi's plans and a loan deal back to the Premier League looks likely for the man who has scored 12 La Liga goals so far this season. Included in a loan deal could be Samuel Umtiti, whom has featured in just one game all season for the club.
The France defender is a World Cup winner but has not pushed on since, and at 28 will be looking for regular football. A few years ago this may have been possible, but with the Gunners looking solid defensively it would take the departure of Gabriel to open up a space in the starting XI for the former Lyon man.
Arsenal restart Arthur talks
Following a failed move in January of this year, Arsenal have reportedly reopened talks to sign Juventus midfielder Arthur for next season. The former Barcelona man has struggled for Juve since a swap deal involving Miralem Pjanic in 2019 but could fit in well for Arsenal.
Italian source Tuttomercatoweb are reporting that the Gunners are ready to offer improved terms after failing to secure a loan move for the Brazilian in January. His performances will worry the Gunners faithful, and with other options seemingly out there it might not be the worst news if they fail in a move once again.