It's not like Arsene Wenger to completely shake-up his squad, but he's on the verge of completing some major business this January.
The swap between Manchester United winger Henrikh Mkhitaryan and Alexis Sanchez is on the verge of completion with just the Armenian winger's medical holding up the deal and that is one transfer saga the Arsenal boss can look forward to putting behind him.
However, the contracts of Jack Wilshere and Mesut Ozil, both of whom are free to leave the club for nothing in the summer, are yet to be renewed and time is running out.
A whole host of Europe's elite would be interested in bringing Ozil aboard in the summer and Italian giants Juventus have been credited with an interest in England midfielder Wilshere are his mesmeric return to form and, more importantly, fitness.
Wenger is planning to bring in Pierre-Emerick Aubameyang to offset the departure of Sanchez and the £20 million sale of Theo Walcott to Everton, but he is going to have to pay something close to £53 million to get the deal done - which would be a club record.
Wenger was once infamous for the strict wage structure he held in place at Arsenal and many fans believe because of it, they fell behind their rivals over the past decade.
The Mirror, however, are reporting that Arsenal are prepared to pay both Mkhitaryan and Aubameyang around £200k-a-week to join the club and they are currently in negotiations to extend Ozil's deal with the German said to be demanding £300k-a-week.
To think Arsenal would pay £700k-a-week on just three players just a couple of seasons ago was unthinkable. After all, both Ozil and Sanchez expiring deals were worth £140k-a-week.
Still, Wenger has shown signs of evolving. His last two signings - Alexandre Lacazette and Sead Kolisinac - are earning £200k-a-week and £140k-a-week respectively, making the Frenchman the highest earner at the club.
How can Arsenal afford an extra £560k-a-week in wages? Well, Sanchez's £140,000 will be off the wage bill and Walcott's £110,000 already is. Alex Oxlade Chamberlain also left last summer for Liverpool and he was never replaced; that's another £65,000, reportedly.
Francis Coquelin left the club for Valencia this month and he was commanding £45,000-a-week, but the main thing Wenger has to consider is whether to include Giroud in any deal for Aubameyang, something Dortmund are reportedly keen on.
The Frenchman takes home £100,000-a-week, so if the deal eats up his wages too, Arsenal will only end up spending around an extra £100,000-a-week.
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