Arsenal's Premier League campaign was their worst since the mid-1990s.

It was a shambolic season filled with more managers' than they've had in the last two decades alone.

Unai Emery started the term in charge before he was replaced in the interim by Freddie Ljungberg. Neither achieved too much but Mikel Arteta has done his best to stem the tide and rebuild the mentality of the club's players.

Arteta has been vocal, urging the need to spend in the summer transfer window, but without European football that might be incredibly difficult.

Without another year in the Champions League, finances will be low again. If they fail to quality for the Europa League too, they will be even lower.

Though, it's difficult to know what to believe.

In 2019, it was well documented that Arsenal's coffers were far from full. However, they ended up breaking their transfer record to sign Nicolas Pepe for £72m.

Nicolas Pepe

If the Gunners are to ever get themselves back to an elite level, they will need to find a way to spend big money on improving the squad. Certainly, in terms of their defence and from a creative point of view, there is a distinct lack of quality.

And, if the club really are struggling for funds, they may have to sell a few members of the current squad to build their cash reserves.

Here, we take a look at five players who could walk out the exit door...

Matteo Guendouzi:

The Frenchman has been completely alienated from the squad in recent weeks and it appears as though he has no future under Arteta. 

Guendouzi came to the club as Emery's very first signing and his potential looked incredibly large. However, his performances have stuttered and his display/comments against Brighton didn't go down well.

The youngster clashed with Neal Maupay and claimed he'd never earn as much as the Arsenal midfielder. He has since been linked with the likes of Barcelona and a price tag of £31.3m has been touted.

He is clearly a player with huge potential but selling him would be a quick way to raise funds.

Matteo

Lucas Torreira: 

Another player who has struggled to find his best form under Arteta, Torreira is someone who could well walk out the exit door this summer.

The Uruguayan is a passionate fighter on the pitch but his 2019/20 season has been rather disappointing. A move back to Serie A has been rumoured and at the age of 24, you'd imagine the Gunners could get a fairly decent sum for him.

Torreira has started just twice since football resumed but has looked considerably off the pace, being hooked at half-time in their defeat against Aston Villa. It's clear Arsenal are better without him at the moment.

Torreira

Ainsley Maitland-Niles:

The academy graduate is a useful player to have around but he isn't particularly game-changing. On top of that, the player hasn't found his best position and looks happy to leave in search of first-team football.

The Athletic reported a few weeks ago that the player had come to the realisation that he needed to leave for the good of his career so shipping him on could be good news for Arsenal.

Maitland-Niles starred against Manchester City in the FA Cup semi-final but beyond that, hasn't looked too convincing. A midfielder by trade, he's been subjected to playing on the right and left-hand sides of the defence.

AMN

Sokratis:

The Greek has played just a solitary minute since football resumed and is clearly out of favour with the Arsenal head coach - so much so that he's preferred Sead Kolasinac and Kieran Tierney as the third centre-back.

Sokratis was a favourite under Emery but has ultimately been a poor investment for the club at the age of 32. Arsenal's defence needs improving and they could happily sell him in the summer without little fuss.

Whether they'd get a solid fee for him, though, is another question.

Sokratis

Rob Holding:

"I'm sorry Rob Holding did not cost £55m," were the words Arsene Wenger muttered in 2016 after another fine performance from the central defender. 

The centre-back cost the club just £2m but since his anterior cruciate ligament injury, hasn't looked the same player.

He is commanding in the air but his passing has left a lot to be desired at particular moments. His inconsistencies are alarming and for a side needing to improve their backline, Holding is surely someone Arteta could let go of.

Holding

At the age of 24, he still has a way to develop but he should be pushing on more now. A Premier League move elsewhere would do the former Bolton centre-back some good.