Arsenal got the new season underway on Saturday as they beat Liverpool in the Community Shield.
Away from the pitch, the Gunners continue to make their preparations for the new campaign, with defender Gabriel Magalhaes 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 very latest Arsenal transfer rumours.
Atletico have Lacazette at the 'top of their list'
Alexandre Lacazette has once again been linked with a move to Atletico Madrid.
According to Sport in Spain, the Frenchman is top of Atleti's list as they look to land a goalscorer.
Lacazette scored 10 times in 30 league appearances for Arsenal last season.
The 29-year-old has two years remaining on his contract at the Emirates Stadium.
Partey update
According to Marca, Arsenal's interest in Thomas Partey has Atletico Madrid 'concerned'.
The Gunners have their targets set on the holding midfielder whose release clause is set at £45million.
And while they haven't made any serious progress on the deal just yet, reports in Spain say Atletico are concerned about losing Partey this summer.
Arsenal want £67m for duo
Arsenal are hoping to raise as much as £67million for unwanted duo Lucas Torreira and Matteo Guendouzi.
According to The Times, Mikel Arteta wants £27million for Torreira and another £40million for Guendouzi, who has fallen out with his Spanish boss.
Guendouzi has been linked with a number of clubs while Torreira has reportedly attracted interest from Fiorentina.
