Arsenal's summer transfer window has finally come to life - and it's about time too.
Having spent a meagre £34 million so far, the Gunners look set to at least double their expenditure with the arrival of Shkodran Mustafi, who is reportedly close to completing a £35 million-plus move.
His potential arrival will come as welcome news to fans following a disappointing start to the new Premier League season, let alone the dearth of quality options at centre-back.
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Arsenal will certainly be paying over the odds for Mustafi considering the German World Cup winner was once said to be available for £21 million, but that's part and parcel of today's market.
But guess what? Arsene Wenger is close to completing not one, but TWO new signings.
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According to Sky Sports, Arsenal have agreed a deal to sign Deportivo La Coruna's Lucas Perez after meeting his £17.1 million release clause.
A short but sweet statement from the Spanish side said: "The striker, Lucas Perez, will not fly to Seville, with permission of the club."
It's reported the 27-year-old will travel to London tomorrow to complete a medical.
Wenger recently vowed to splash the cash before the transfer window closed and, to the relief of Arsenal fans, he's going to pull through.
The Frenchman said recently: "Before you pay over the odds you have to be convinced by the player.
"Can he strengthen your squad? Then you must have the money available to pay, because we already invested at a very high price. And we will do so again.
"We work very hard and I cannot tell you much more. What I fight against is to tell the only way is to buy. It is right when you buy. We are not scared to spend the money. It is about the quality.
"I think this club has been built on that. The main thing on building the club is based on the transfer policy. I know everyone questions that because we've not done as much as they wish.
"I've done over 400 transfers, and I know every transfer is written. You are not the only person to decide on [them]."
But what will Mustafi and Lucas bring to the Emirates Stadium? Well, in a nutshell, a lot.
The former is widely recognised as one of La Liga's best centre-backs and, at 24-years-old, is yet to reach his peak. He also has considerable experience at Champions League and international level.
As for Lucas, he's fast, bursting with energy and possesses a lethal left foot that helped him score 17 goals in La Liga last season.
With Olivier Giroud the only out-and-out striker in north London, Arsenal can do a lot worse than the 27-year-old.