Arsene Wenger is so keen to avoid the mistakes made in last summer's transfer window that he has already instructed the club to open talks for two key targets, reports the Daily Mail.
The Gunners went almost the entire summer without making a notable addition, only sealing the signature of Mesut Ozil on deadline day in a £42.5m deal.
Prior to that, only Yaya Sanogo and Mathieu Flamini had been signed, both on free transfers, while bids for Gonzalo Higuain and Luis Suarez failed miserably.
Wenger knows that the need to strengthen the current Arsenal side is crucial to their Premier League title hopes next season and is determined not to make the same mistakes again this summer.
As a result, Arsenal officials have already contacted Real Madrid and Schalke 04 to open talks over a deal for Alvaro Morata and Julian Draxler.
Both players had been strongly linked with a move to the Emirates in the summer with Morata, a striker at Real Madrid, being lined up for a potential loan deal with a view to a permanent move in the summer.
However, Carlo Ancelotti dismissed any chance of the Spanish under-21 international leaving halfway through the season, but Los Blancos are ready to sell him this summer.
Draxler was even more strongly linked with a move to Arsenal with various reports suggesting that Arsenal officials flew out to Germany attempting to agree a deal with Schalke before the deadline.
Schalke were unwilling to let their prize asset leave for less than his £36m release clause but, again, Arsenal have retained their interest and believe negotiations in the summer will be easier to handle.
Wenger's urgency in the transfer market may have been inspired by reports that Manchester United were running the rule over both Morata and Draxler last month.
David Moyes is ready to launch an unprecedented summer of spending at Old Trafford and, according to reports, had seen Morata as a potential replacement for Javier Hernandez and Draxler as a replacement for the likely-to-depart Nani.
However, Arsenal are obviously more sure of the pair than Moyes, who seems fully focused on convincing Bayern Munich star Toni Kroos to the Old Trafford.