The summer transfer window is a strange time for Arsenal fans.
It seems that most transfer rumours that crop up from different sources all include a player heading to or departing from the Emirates.
Yet, on September 1st, the Gunners faithful are continually left disappointed and bemused after the club sign only one or two players and fail to address major weaknesses in the squad.
However, with both Manchester clubs set for a major overhaul, rivals Tottenham looking stronger than ever and a Chelsea side ready to prove their doubters wrong, Arsenal need to make some moves this summer, or risk falling behind the aforementioned clubs.
Here are three players who could be heading to Arsenal, along with three potentially heading for the exit doors...
IN - Alvaro Morata
The long running transfer rumour that just won’t go away, Alvero Morata’s future is still up in the air and yet more reports are linking the Spaniard with a move to Arsenal, especially after Jamie Vardy rejected the Gunners.
Arsenal though, will have to wait until Real Madrid activate a buy-back clause in his Juventus contract, something they are expected to do when he arrives home from the European Championships.
OUT – Alex Oxlade-Chamberlain
Alex Oxlade-Chamberlain could well be yet another member of the English exodus at Arsenal.
Once again, the 22-year-old has done very little wrong and his lack of playing time is simply down to injuries and the overwhelming selection of attacking midfielders at Arsene Wenger’s disposal.
At such a young age, Oxlade-Chamberlain would be a fantastic signing for anyone wishing to stump up around £25million. Manchester City, West Ham and Southampton are all rumoured to be interested.
IN – Riyad Mahrez
Voted the best player in the Premier League by the PFA in 2015/16, the reputation of Riyad Mahrez has gone from Algerian also-ran to global superstar in just 12 months.
After missing out on Jamie Vardy, Arsenal are expected to launch another attack on Leicester in the pursuit of Mahrez.
However, with the Foxes in rush to sell, the Gunners will have to battle hard to get their man.
OUT – Theo Walcott
Watching Theo Walcott’s once promising career plummet into mediocrity season after season is uncomfortable to watch, not least for Arsenal fans who held so much hope for the 27-year-old.
The Englishman simply is not getting the playing time or positioning he desires at the Emirates and reports suggest that a move to a new club is edging closer and closer.
IN - Ezequiel Garay
Fresh rumours have surfaced indicating that Arsenal are leading the race to sign Zenit centre-half Ezequiel Garay.
The 29-year-old reportedly wants out of Russia after two years and with the centre of defence, a key area to address for Arsene Wenger this summer, Garay could be a perfect fit.
OUT – Kieron Gibbs
While Kieron Gibbs has done very little to deserve drifting down the pecking order at the Emirates, it is simply the excellent performances of Nacho Monreal at left-back that have stifled the 26-year-old’s career somewhat.
With rumours that Arsene Wenger is keen on signing Ricardo Rodriguez from Wolfsburg, another left-back, Gibbs’ time at the club he has been with for 12 years, could be coming to an end.