Arsenal get the new season underway 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.
Gabriel smoke screen
Manchester United were never in the race to sign Lille defender Gabriel Magalhaes.
The Brazilian is on the verge of a move to Arsenal, with reports suggesting the Gunners beat United to his signature.
However, The Manchester Evening News claim that United never held an interest in Gabriel and the club was used by the agent to force through a move to Arsenal.
Arsenal to cash in on Martinez
Arsenal are ready to cash in on Emiliano Martinez.
Mikel Arteta has decided Bernd Leno is his number one goalkeeper this season and Martinez will be sold to generate further transfer funds, report The Athletic.
The report states a £20million value has been placed on his head and a move to Spain is most likely.
Napoli want Arsenal pair
Napoli have been linked with Arsenal centre-backs Sokratis Papastathopoulos and Shkodran Mustafi.
According to La Gazzetta dello Sport, Napoli sporting director has been trying to sign Shakhtar Donetsk centre-back Mykola Matviyenko, who is valued at €15 million.
However, the report states the Serie A side have now turned their attention to the Arsenal duo, much to the Gunners' delight.
