Mikel Arteta could be the first real victim of Arsenal's transfer splurge as Arsene Wenger looks to splash the cash this summer.
There could be a host of new arrivals at the Emirates Stadium before the close of the transfer window, with the Telegraph claiming that the Gunners will spend £60 million on three new players; Alexis Sanchez, Mathieu Debuchy and Lars Bender.
It may well be the arrival of the latter which could put paid to Arteta's Arsenal career. Wenger is a fan of Bender and reportedly views him as the long-term successor to the Spaniard. Arteta is 32-years-old and out of contract next year, and Wenger is looking to make a bid to lure Bender from Bayer Leverkusen in the near future.
The Telegraph add that Arteta is hopeful that Arsenal will offer him a new contract which is longer than the one-year deals Wenger usually gives to his players who are over 30. If that fails to materialise then he could have the option of heading to Italy, with Fiorentina said to be keen on securing his services.
According to Italian newspaper Corriere dello Sport, the Serie A outfit want to add experience to their squad and have identified Arteta as the man for the job, and will also look to secure deals for Maourane Fellaini and Marcelo Diaz of Basel. They will finance those transfers with the cash from the sale of Juan Cuadrado, who has been linked with a host of clubs including Arsenal.
Arsenal transfer gossip:
Arsenal have lodged a €28 million offer for Cuadrado as they look to beat his many suitors to the punch. The winger is set to make a decision over his future soon now that Colombia are out of the World Cup (Sport)
Thomas Vermaelen continues to be linked with a move to Manchester United - and the player has admitted he doesn't know who he will be playing for next term (Evening Standard)
Arsenal will target a move for Greek defender Kostas Manolas if Vermaelen does leave (The Independent)
Arsenal are keeping an eye on goalkeeper Karl Darlow of Nottingham Forest (Sky Sports)
Mathieu Debuchy is set to complete an £11 million transfer to Arsenal from Newcastle - and Karl Jenkinson could head in the opposite direction (Daily Mail)
Romelu Lukaku has opened the door to a potential Arsenal switch after he revealed he wanted to play for a team that could challenge for titles next season (Metro)