Arsenal had a rare weekend off due to the postponement of the North London Derby against Tottenham but hard work would have continued behind the scenes.
The Gunners are in need of new recruits to bolster their depleted squad this month, which has been hit by injuries as well as being without three players due to the Africa Cup of Nations.
A new striker and central midfielder are among the priorities, with the club pushing to get significant deals over the line as soon as possible.
The hunt for Fiorentina striker Dusan Vlahovic is continuing and Italian outfit Corriere Della Sera state Arsenal have submitted a fresh bid worth £50m and the services of Lucas Torreira, who is on loan in Florence.
Fiorentina are prepared to approve an exit for Vlahovic this month, as he's in the final 18 months of his deal, and are said to be seeking a €75m fee - with Arsenal's offer hitting €60m and the rest being made-up by Torreira.
It's stated the offer is one that the Serie A side will find 'particularly attractive', though the biggest challenges continues to be persuading the player to the move.
Elsewhere in Italy, Sky Sports via the Mail report that Juventus are demanding the services of Thomas Partey in exchange for Arthur Melo.
Arsenal are understandably not willing to offload the Ghanaian, currently on duty at AFCON, which could now prove to be a major stumbling block.
Finally, Arsenal are eyeing a move for Nottingham Forest's on-loan full-back Djed Spence following his performance in the FA Cup win against the Gunners, the Mirror states.
The Middlesbrough man is also said to have courted attention from Inter Milan and Roma, with the Teesside outfit wanting a fee of around £10m.