Arsenal endured a rough 2019/20 campaign overall but have started to make some positive moves ahead of the new season.
Willian was signed to add spark going forward and William Saliba has finally arrived permanently after the Gunners' acquisition of the defender last summer.
Gabriel Magalhaes has made the switch to the Emirates this summer and Dani Ceballos is closing in on a return on loan from Real Madrid.
But there are more outgoings and incomings likely to come before the window slams shut next month. In light of this, here is the latest rumours round-up on Arsenal.
Torreira exit link
Arsenal midfielder Lucas Torreira is attracting strong interest from Serie A side Fiorentina.
Corriere dello Sport, per Sport Witness, say that the Italians are looking to sign Torreira on loan.
The report suggests that Fiorentina is actively trying to push hard for a deal to acquire the 24-year-old.
Guendouzi transfer twist
Paris Saint-Germain have been heavily linked with a move to sign Arsenal playmaker Matteo Guendouzi.
But now it's said that the French side have made a decision to not pursue the 21-year-old any further, according to Mirror Football.
The Gunners are struggling to get Guendouzi off of their books as they aim to sign more midfield talent.
Coutinho to Arsenal latest
Philippe Coutinho has officially left Bayern Munich after winning the Bundesliga and Champions League during his loan spell at the club.
But what's his situation at Barcelona amid transfer links with Arsenal?
The Gunners want to sign the former Liverpool midfielder and his agent Kia Joorabchian says that Coutinho is interested in moving back to the Premier League.
The latest from Spain, though, is that Barcelona are eager to retain the services of Coutinho as Ronald Koeman looks to give the Brazilian another chance at the Camp Nou.