Arsenal get the new season under way this weekend as they face Liverpool in the Community Shield.
The Gunners continue to make their preparations for the new campaign, with defender Gabriel close to joining the club.
Yet there is plenty more business to do if Mikel Arteta's side plan to close the gap on the top four this season.
With that in mind, here are the latest Arsenal transfer rumours.
Ceballos blow
Whilst Mikel Arteta sounded optimistic over the prospect of Dani Ceballos returning to Arsenal this season, reports in Spain claim otherwise.
Mundo Deportivo report that Ceballos has informed Real Madrid of his desire to return to Real Betis.
The midfielder is said to be keen on the first-team football that Real Betis can offer him, having accepted that his time at the Bernabeu is over.
Ceballos spent three seasons in Betis' first-team, having come through their youth ranks, before moving to Real Madrid in 2017.
Yet the report claims that Real Madrid are asking to be paid in full for Ceballos, which Betis cannot currently afford.
It means they will have to sell in order to raise funds to sign the midfielder.
Ceballos is said to have been in regular contact with officials at his former club during his time on loan at Arsenal, which has swayed his decision to target a return to Betis.
Juve target Bellerin
Hector Bellerin is top of Juventus' wanted list this summer, according to Corriere dello Sport.
New Juve boss Andrea Pirlo has reportedly identified right-back as an area that needs strengthening and has made Arsenal fan-favourite Bellerin a top priority.
The Spaniard's lack of football recently due to injury has reportedly left Arsenal open to selling, with Mikel Arteta planning a summer overhaul of his squad.
Reports in Italy claim that contact has already been made between Juve and Arsenal over the player's availability.
Arteta wants to keep Maitland-Niles
The Daily Mail claim that Mikel Arteta has been keen to keep Ainsley Maitland-Niles this summer.
Maitland-Niles looks set to leave the Emirates if a club meets Arsenal's £20m asking price for him.
Wolves currently look in pole position to sign him, having already seen one offer turned down.
Yet it is claimed that Arteta would rather keep the 22-year-old, feeling he has a big future in the game.
With the Gunners needing to raise money for transfer funds, though, Arteta has been overruled, with the versatile academy product up for sale.
