The players that are set to be bought and those that could be sold in north London.
With the January transfer window now upon us the Premier League elite will be clambering to acquire new talent and for Arsenal this is a chance to strengthen their squad.
The Gunners sit top of the English top tier currently, but there are some concerns over their lack of depth – particularly in defence and up-front.
So here are five players likely to leave the club and five that could be bought in.
Players out
Nicklas Bendtner
It’s going to take a lot for the Dane to convince the Emirates Stadium faithful that the striker is not useless and Arsene Wenger may as well cut the Frenchman’s losses this time.
Lukasz Fabianksi
With fellow countryman Wojceich Szczesny looking in great form of late the Pole’s chances in goal look limited and making a transfer away could be a good option.
Emmanuel Frimpong
Is yet to even play a match for the club this season and the midfielder is clearly not highly rated enough by Wenger and may be better suited and has been linked with a move to Fulham in the past.
Ryo Miyaichi
Has failed to make any real impression at the club since arriving in 2011 and is fast becoming tarnished goods if the 21-year-old doesn’t leave soon.
Thomas Vermaelen
Once rated as one of the best defenders in England, the captain can now barely get a game and needs to move on to salvage the Belgian’s career – with Napoli the most interested.
Players in
Serge Aurier
It’s still unknown whether Bacary Sagna will actually remain in north London next season and Wenger is already eyeing up the next talented youngster from France as a replacement in this Toulouse starlet.
Hakan Calhanoglu
Most could be forgiven for having not heard of this Turkish teenager, but the attacking midfielder is causing quite the stir in the Bundesliga with Hamburger SV.
Julian Draxler
Another talented young player from the German top tier and a winger that is earning a huge reputation with caps for Germany and an important role in the Schalke 04 team at just 20-years-old.
Alvaro Morata
Wenger has been tracking the Real Madrid youngster for some time after the 21-year-old impressed at the under-21 European Championship with Spain and would be great attacking support for Olivier Giroud.
Antonio Sanabria
Another youngster from Spain, with the Barcelona starlet attracting plenty of attention from across Europe as the 17-year-old seems to be keen to leave Catalonia.