Arsenal manager Arsene Wenger has told the club's board he needs two signings this month to ensure the Gunners secure a top-four finish.
The veteran French coach wants a new defender and a defensive midfielder to guarantee Arsenal's participation in the Champions League for an 18th consecutive season.
The north London outfit currently sit fifth in the Premier League table, having picked up 10 wins from their opening 21 fixtures. At the same stage of last season they occupied pole position in the table - and ended up only just scraping fourth place in May.
Krystian Bielik fee agreed
At least one of the signings Wenger wants should be confirmed within days. The Gunners have agreed a fee with Legia Warsaw for the transfer of highly-rated defensive midfielder Krystian Bielik - and a deal is expected to be completed imminently.
However, Bielik has only just turned 17 and may not be ready for exposure to regular first-team football at this early stage in his career, which could tempt Wenger to sign an additional defensive midfielder - one ready now to step into Arsenal's first team and help the club both domestically and in Europe.
Because of various injuries, Wenger was forced to recall Francis Coquelin from his loan spell at Charlton last month and the French midfielder has performed reasonably well.
But should Arsenal manage to secure the services of Borussia Dortmund's Ilkay Gundogan, one of their top transfer targets, their chances of finishing inside the top four come May would be significantly enhanced.
Similarly, should the Gunners manage to sign one of their top defensive targets - Gundogan's teammate, Mats Hummels, for example - Arsenal supporters will be far more optimistic of their team's hopes of finishing above either Manchester United or Southampton in the Premier League table.
Other players on Arsenal's radar include Sevilla midfielder Grzegorz Krychowiak, West Ham centre-back Winston Reid and Ipswich Town youngster Tyrone Mings.
Which two players should Arsenal be looking to sign this month? Have your say in the comments below.