It is a measure of how far Arsenal's stock has fallen that they are spending the January transfer window trying to hold on to key assets rather than looking to strengthen their squad.
The Gunners sit sixth in the Premier League table, facing an almighty battle to get back into the Champions League, and their defence of the FA Cup is already over.
Pressure is mounting on manager Arsene Wenger, with a growing section of supporters eager to see him depart in the summer - or earlier - instead of seeing out his contract.