Arsenal are reportedly interested in signing Manchester City pair Julian Alvarez and Kyle Walker.
After falling short of Man City in the Premier League title race last term, Arsenal are determined to strengthen their side during the current transfer window.
Kai Havertz has already been signed in a £65m deal from Chelsea, while West Ham United midfielder Declan Rice is set to join the Gunners in a £105m move.
Mikel Arteta's side are also said to be finalising a deal for Ajax defender Jurrien Timber, who completed his medical on Monday.
The Gunners are now expected to turn their attention to other targets, and they appear to have set their sights on two of Pep Guardiola's treble winners.
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According to El Nacional, Arsenal are weighing up whether to launch a double swoop for Alvarez and Walker.
Arteta, who spent three years working as Guardiola's assistant at Man City, raided the Citizens last summer to recruit Oleksandr Zinchenko and Gabriel Jesus.
The Arsenal boss is seemingly keen to sign two more players from his former employers this summer, but luring Alvarez away from the European champions could prove difficult.
The World Cup winner signed a new contract with the club in March, which is set to keep him at the club until 2028.
With five years left to run on his deal, Man City would only consider parting ways if they received an offer in the region of €80m (£68.4m), while Arsenal are only willing to pay €60m (£51.3m).
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Due to Erling Haaland's blistering form, Alvarez made the majority of his 47 appearances from the bench last term, but he still contributed 17 goals and five assists.
While their hopes of signing Alvarez may be slim, Arsenal stand a far better chance of recruiting England international Walker.
The 33-year-old is no longer considered a guaranteed starter at the Etihad Stadium, and he has entered the final 12 months of his deal.
With Arsenal keen to strengthen the right side of their defence, they have allegedly approached Man City with a €16m (£13.7m) offer for the experienced full-back.
Walker, who has spent six years with the Citizens, has already been linked with German champions Bayern Munich and newly-promoted Sheffield United this summer.
