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.
Sunday morning's headlines:
Manchester United only side in running to sign Harry Maguire?
A report claims that Manchester City are unwilling to pay £85m for Harry Maguire, giving Manchester United a free run at signing the Leicester City defender. Read more.
Inter Milan, Bayern Munich, PSG rival Arsenal for Real Madrid's Lucas Vazquez?
Inter Milan, Bayern Munich and Paris Saint-Germain are all reportedly interested in signing Real Madrid winger Lucas Vazquez. Read more.
Ex-Chelsea skipper Gary Cahill 'on verge of rejoining Aston Villa'
A report claims that Aston Villa are to make free agent centre-back Gary Cahill their sixth signing of the summer. Read more.
Report: Alex Ferguson wants Manchester United to sign Harry Maguire
Manchester United have reportedly been encouraged to continue their pursuit of Leicester City defender Harry Maguire by their legendary former boss Sir Alex Ferguson. Read more.
Arsenal to complete Lucas Vazquez transfer next week?
A report claims that Lucas Vazquez could become an Arsenal player as early as next week as the Gunners are in advanced talks with Real Madrid. Read more.
Mesut Ozil closing in on Arsenal exit?
Fenerbahce are reportedly edging closer to securing a loan deal for Mesut Ozil, who is free to leave Arsenal this summer. Read more.
Arsenal 'to offer one of three players in Wilfried Zaha deal'
Arsenal are reportedly prepared to include one of three players in any deal for Crystal Palace winger Wilfried Zaha. Read more.