The Gunners have been linked with a move for Bayern Munich defender Jerome Boateng following an injury to Calum Chambers
Arsenal will once again be focusing on the January loan market as they look to strengthen their squad over the coming weeks.
With finances tight this time last year, former boss Unai Emery revealed that the club would be unable to make any permanent signings during the winter transfer window.
As a result only Denis Suarez arrived, with the attacking midfielder brought in for the second half of the 2018-19 campaign from Barcelona.
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And it looks like new head coach Mikel Arteta will also be unable to splash the cash this month if he wants to add to his squad ahead of the second half of the campaign.