Arsenal have confirmed the arrival of Alexis Sanchez from Barcelona and will announce Newcastle's Mathieu Debuchy as their latest acquisition shortly - before targeting deals for three more players.
However, in a twist that is likely to cause some concern for Arsenal fans one of the new arrivals won't be a new striker.
The Gunners announced they had completed a deal for Sanchez earlier this evening, with the Chilean putting pen to paper on a long-term contract for a reported fee of around £35 million. The 25-year-old is Arsenal's first major signing of the summer, and plenty more are expected to follow him to the Emirates Stadium.
According to the Telegraph, Debuchy, who Arsenal have forked out £11 million for, has already passed a medical and will be unveiled shortly. However, Gunners boss Arsene Wenger won't be resting on his laurels as he looks to turn his team into title contenders, and will look to add three more new faces before the summer window slams shut.
Three new faces
The Telegraph claim however that the three positions that he's looking to fill are in midfield, at the centre of defence and in goal - meaning that he isn't currently in a market for a new forward.
The news comes as a surprise given that Arsenal looked short of firepower last term. Striker Olivier Giroud was forced to shoulder the goalscoring burden largely on his own, and as the Frenchman's form dipped towards the end of the campaign so did Arsenal's, and they ended up contesting a top-four scrap rather than mounting a title challenge.
It may well be that Wenger is counting on Joel Campbell to return from his loan spell in Greece and offer support for Giroud, however given that the 22-year-old has never played in the Premier League that may be perceived as a huge gamble. Yaya Sanogo showed glimpses of his talent during his maiden season in England but doesn't appear ready to step up as a regular first-team player just yet. Sanchez may be used in a more advanced role than he's used to, while Theo Walcott could also play as a striker.
Previously, Arsenal have been linked with a host of big-name forwards, including Mario Balotelli and Mario Mandzukic. However Wenger has ruled out a swoop for the former while the latter today completed a move to Atletico Madrid.