Arsenal manager, Mikel Arteta is considering at least four midfielders from Premier League clubs, as Granit Xhaka prepares to leave after seven years.
The Gunners are expected to submit an offer for West Ham captain Declan Rice at the end of the season.
Hammers boss, David Moyes, has admitted Rice could leave at the right price.
According to Sky Sports News, Rice has a “gentleman’s agreement” that he can move in the summer – provided West Ham receive an offer worth £120m.
That fee can be that in one lump transfer fee or a transfer fee plus players.
Arsenal are also keeping an eye on Brighton’s Moises Caicedo. They had two bids rejected in January, with the latest was worth £70m.
Caicedo has since signed a new deal at Brighton, but manager Roberto De Zerbi has said the player could leave in the summer.
Arsenal are also keeping an eye on Chelsea’s Mason Mount and Manchester City captain Ilkay Gundogan as potential targets.