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Arsenal 'consider cashing in on Emile Smith-Rowe to fund a summer move for Leicester star James Maddison' - as Mikel Arteta plots a summer rebuild in midfield after missing out on the title

Arsenal are toying with selling academy product Emile Smith Rowe to fund a move for Leicester's James Maddison, according to reports.

After their title charge ran out of steam, Mikel Arteta's thoughts have turned to the club's summer rebuild as the Gunners prepare to challenge next season and improve upon their second place finish.

Arteta will also be looking to boost his squad in preparation for Champions League football, with the north London club sealing entry into Europe's top flight for the first time in six years.

The club lifted their fans' spirits this week with the announcement of a new four-year deal for ace winger Bukayo Saka, who is set to become one of the club's highest earners upon confirmation of the long-term deal.