The Gunners have already made three summer signings and are on course to make more additions as the Spaniard hopes to build a squad capable of qualifying for the Champions League.
What business have Arsenal already completed?
We might be just a couple of weeks into the window, but the north Londoners have already been busy.
Their first summer signing arrived in the shape of USA goalkeeper Matt Turner, who agreed to move to the Emirates Stadium in January before officially becoming an Arsenal player later this month.
Teenager forward Marquinhos was the next through the door, signing permanently from Brazilian outfit Sao Paulo.
But Arsenal’s biggest and best signing was their latest, with Fabio Vieira making the big-money move from Porto.
Arsenal are yet to officially announce any further incomings but appear on the verge of adding to their summer business in the weeks ahead.
What did Sheth say about Arsenal?
He told GIVEMESPORT: “I think what is clear is that Arteta will be backed by the hierarchy at Arsenal. He was backed last summer.
“There was no European football at all, they were only in the three domestic competitions and yet they spent close to £145m, which was more than anyone else in the Premier League, so it’s not for the want of backing, I think he will be backed again.”
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Who else could Arsenal sign?
According to the Daily Star, the Gunners are on the verge of making Manchester City striker Gabriel Jesus their fourth addition of the window, with the Brazilian set to join in a £50m deal, which would make him the club’s fourth-most expensive signing in their history.
Arsenal are also hoping to sign Jesus’ international teammate Raphinha, although their initial bid for the Leeds star was turned down.
But with Raphinha expected to leave Elland Road before the window closes, the Gunners are likely to return with a second offer as they look to bring down Leeds’ £65m asking price.
Meanwhile, Arteta is also hoping to strengthen at the back, although their bid in the region of €30m for Ajax defender Lisandro Martinez was also rejected, meaning the hierarchy still have work to do.