Arsenal are hoping to raise in excess of £60m from player sales this summer as they look to complete their biggest squad overhaul in decades, football.london understands.
The Gunners want to strengthen their first team squad in multiple positions after a dismal season which has seen them fall away in the Premier League and knocked out of European competition by former head coach Unai Emery.
It comes as Arsenal owners KSE (Kroenke Sports & Entertainment) have made promises on an internal staff call that they will back manager Mikel Arteta as he looks to strengthen the first team squad in several key positions.
Reports in France have suggested that the Gunners will prioritise Rennes starlet Eduardo Camavinga as their main transfer target this summer, although football.london has spoken to a source close to the 18-year-old who have dismissed the reports as ‘absolute rubbish’.
Arteta’s side do however maintain interest in Yves Bissouma, as reported by football.london in January, with the Brighton midfielder an Arsenal fan and still in regular contact with Nicolas Pepe and Gabriel Magahales from their playing days at Lille.
Bissouma, who shares the same agent as Pepe, is seen as a potential long-term partner to Thomas Partey in midfield, with Arsenal’s central midfield set to be depleted this summer as Dani Ceballos returns to Real Madrid.
Among the players available for transfer this summer include Bernd Leno, Hector Bellerin, Lucas Torreira, Matteo Guendouzi, Ainsley Maitland-Niles and Sead Kolasinac.
Stuttgart are also in talks with Arsenal over extending the loan deal of defender Dinos Mavropanos who want to include an option to purchase the Greek international next summer.
Mavropanos has had an impressive debut season in the Bundesliga and it is likely his market value will be much higher after a second consecutive campaign in Germany, but Arsenal are keen on making it a permanent transfer as they look to raise funds.
There are also expected to be a number of youth players leaving the club this summer. The Gunners have 39 youngsters on professional contracts and a further 19 on scholarship deals, and that number will be dramatically decreased over the coming months.
Meanwhile, new director of football operations Richard Garlick has been tasked with tying down the futures of Arsenal’s several key first team players after leaving his post at the Premier League.
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Garlick, a sports law specialist, is highly respected among his peers across the English game and will be involved in contract negotiations for Emile Smith Rowe who will commit his long-term future to the club this summer.
David Luiz, whose contract expires this summer, is another player with an uncertain future at the club and Alexandre Lacazette has one year left on his current deal although talks have yet to begin over extending his contract.