It's deadline day and Arsenal are hoping they have not left it too late to add reinforcements.
The likes of Dusan Vlahovic and Arthur Melo have slipped out of Mikel Arteta's grasp in what has been a disappointing window so far.
But there is still time left on the clock as the Gunners scramble for alternatives on the final day of January.
Alexander Isak is at the top of the list but the north Londoners will have to break the bank to secure his services.
In the other direction, Pierre-Emerick Aubameyang could be finally on his way out of the Emirates as Barcelona look to sign the Gabon international on loan.
Here are all the latest Arsenal transfer rumours and gossip on deadline day.
Will Alexander Isak sign for Arsenal before the transfer window closes? Comment below
Aubameyang's plea to Barcelona
Pierre-Emerick Aubameyang has told Barcelona he would be willing to join them 'practically for free'.
The striker is set to leave Arsenal on deadline day as a move to the Spanish side edges closer after they tabled a loan offer.
Aubameyang's salary will be a stumbling block Barcelona will have to overcome, however.
But the 32-year-old is ready to give up a large part of his salary to facilitate the move so that Barca can register him, according to SPORT.
Isak demands emerge
Arsenal face a dilemma as they consider triggering Alexander Isak's release clause as AC Milan join the race for the Real Sociedad striker.
Isak is Mikel Arteta's number one target on deadline day but the Gunners don't have long to get a deal over the line.
Arsenal were initially confident they could negotiate a fee lower than the Swede's release clause of £75.4million, but Sociedad insists they will need to pay the full amount, according to Spanish outlet Mundo Deportivo.
The Gunners are undecided whether they should give into Sociedad's demands or go back in for Isak in the summer when his price would potentially be reduced.
But reports that AC Milan are also considering a move for the 22-year-old which might force Arsenal's hand.
Moller set for Dutch adventure
Nikolaj Moller is set for a loan move to Dutch side FC Den Bosch.
The Swede was dubbed the 'new Zlatan Ibrahimovic ' after an impressive first season with the Arsenal Under-23s.
It was first thought the 19-year-old would battle it out with Mika Biereth for a starting spot in Kevin Betsy's side after he was recalled from a loan spell from German third division side FC Viktoria Koln.
But it seems he is set for another short-term move with Den Bosch until the end of the season.