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.
Monday morning's headlines:
Celtic 'reject Arsenal's £25m bid for Kieran Tierney'
Arsenal reportedly see a second bid of £25m rejected by Celtic for full-back Kieran Tierney, with the Scottish champions demanding more of the money upfront. Read more.
Nacho Monreal: 'Laurent Koscielny still has Arsenal future'
Arsenal defender Nacho Monreal insists that Laurent Koscielny could still have a future at the club despite his refusal to travel with the squad on their pre-season tour. Read more.
Gremio attacker Everton Soares - an alleged target for Arsenal - has revealed that he has received an offer to join another club this summer. Read more.
Arsenal, Tottenham Hotspur join Dani Alves race?
Arsenal and Tottenham Hotspur are reportedly ready to join the race to sign Dani Alves, who is available on a free transfer. Read more.
Manchester United 'not interested in Mario Lemina'
Manchester United reportedly have no intention of trying to push through a deal for Southampton midfielder Mario Lemina. Read more.
Arsenal to battle Tottenham Hotspur for Nicolo Zaniolo?
Arsenal are reportedly ready to battle North London rivals Tottenham Hotspur for the signature of Roma midfielder Nicolo Zaniolo this summer. Read more.
Arsenal reportedly open talks with Copa America Golden Boot winner Everton Soares, who has also been linked with Manchester United and Manchester City. Read more.
Liverpool, Manchester United, Arsenal 'interested in Fedor Chalov'
A host of Premier League giants are thought to be considering a move for in-demand 21-year-old CSKA Moscow striker Fedor Chalov this summer. Read more.
Arsenal make £72m bid for Lille forward Nicolas Pepe?
Arsenal reportedly make a £71.8m bid for Lille winger Nicolas Pepe, who has also been linked with the likes of Liverpool, Manchester United and Inter Milan. Read more.
