Time is ticking down in this summer's transfer window as clubs rush to get deals over the line.
Arsenal are no different and have until 11pm to finalise moves in and out at the Emirates Stadium as Mikel Arteta looks to further strengthen his squad after a strong start to the 2020/21 campaign.
So far, the Gunners have re-signed Dani Ceballos on a season-long loan deal from Real Madrid, with the Spaniard joining Willian, Gabriel Magalhaes, and Alex Runarsson as the four summer arrivals.
But another midfielder is on the agenda, with Atletico Madrid's Thomas Partey understood to be a key target, whilst Lyon's Houssem Aouar has also been linked with a move to north London.
There could also be some exits too as players look for fresh starts elsewhere.
With that said, here is a round-up of some of the latest Arsenal transfer rumours doing the rounds.
Lyon U-turn
Arsenal may have been handed fresh hope of signing Houssem Aouar from Lyon.
But after an initial bid was rejected, Lyon reportedly announced to French media on Saturday that Aouar and Memphis Depay would be staying at the club.
And Aouar conceded that he was ready to stay at the Groupama Stadium this season: "I felt that I could still bring things to this team and the club, the club that raised me, quite simply," he told reporters after scoring in Lyon's 1-1 draw with Marseille on Sunday evening.
However, Lyon sporting director Juninho Pernambucano has since confirmed that Depay could still leave after an agreement with struck with Barcelona.
According to El Chringuito, Juninho said: "Depay has an agreement with Barcelona. It is possible that tomorrow (Monday) he will go to Barca, but it is not certain."
Does this mean Lyon could also have a change of heart regarding Aouar if Arsenal make a suitable offer?
Edu's to-do list
The Gunners could face a busy transfer deadline day as they look to secure new signings and make sales.
Mikel Arteta and technical director Edu go into the final hours of the window determined to do all they can and with the full support of Stan Kroenke.
"Believe me that the ownership, the board, myself, are doing everything we can to maximise the resources we have to improve the team and to sustain and keep the players that are in this club to make this club successful," Arteta said. "I have 100% backing from them.
"It's not just words, it's reality. Whoever knows me, if it wasn't like that I wouldn't say it but I say it because I feel it and it's true.
"Whatever we can do, whether it's ourselves or the owner, they are willing to do it to support us, to back us, because I feel that they believe in what we are trying to do."
Jorginho tipped to sign
Reports have emerged claiming that Arsenal will now prioritise the signing of Chelsea's Jorginho having missed out on Aouar.
But he is unlikely to come cheap.
Jorginho appears to still be very much in Frank Lampard’s plans at Chelsea, starting and scoring twice from the penalty spot as his side beat Crystal Palace 4-0 on Saturday.
A late move for the 28-year-old, though, seems a distinct possibility at some point.
Whether a deal will be agreed is another matter.
And here are three players that could still join Arsenal on transfer deadline day.
Thomas Partey update
According to The Athletic, a move for Thomas Partey on deadline day looks unlikely.
Atletico Madrid have stressed all summer that clubs would have to pay the Ghana international's full release clause of £45 million.
Arsenal have struggled to match that valuation as they cannot sell their fringe players to raise funds.
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