Arsenal’s attention has turned to building on their Premier League title success following Sunday’s trophy parade in north London.
Manager Mikel Arteta’s powerbase at Emirates Stadium has grown significantly after he led the club to their first domestic title in 22 years.
Following the Champions League final defeat by Paris St-Germain, Arteta said there are “important decisions” to make in order to take the club to the next level.
The priority this summer is to finalise a new contract with Arteta, whose current deal expires at the end of next season.
BBC Sport revealed last month that talks over fresh terms were shelved so the club could focus on the end of the campaign.
Sources have told BBC Sport the new contract, which is likely to be a minimum of three years, would be worth a major increase on his current wages.
Arteta currently earns £10m a season, plus a further £5m upon Champions League qualification, but his new deal would make him the highest-paid manager in England.
Arsenal co-chair Josh Kroenke recently made clear the club’s intentions, saying: “Keeping Mikel around is an utmost priority and I think the good news for Arsenal fans worldwide is he’s enjoying the project.”
Arsenal are targeting a central midfielder, forward and full-back in the transfer market ahead of next season, though finances must remain balanced following last season’s £250m spend.
Three players are on the club’s forward shortlist, with Aston Villa’s Morgan Rogers and Bournemouth’s Eli Junior Kroupi both expected to cost in excess of £80m each.
Atletico Madrid’s Julian Alvarez is also under consideration but is being valued at more than £120m, with Barcelona also holding a serious interest in the Argentina attacker.
Kroupi has attracted attention after the 19-year-old scored 13 times in the Premier League this season, a record for a teenage debutant in the competition.
Rogers, 23, is open to joining Arsenal ahead of next season according to multiple sources, though Manchester United are also monitoring his situation.
Any move for attacking targets could be funded by departures, with the club open to offers for Gabriel Jesus and Gabriel Martinelli, while Leandro Trossard’s deal expires in 12 months.
The future of academy graduate Ethan Nwaneri, who has returned from a loan spell at Marseille, is also uncertain, with serious consideration being given to a homegrown sale this summer.
Arsenal are also set to listen to offers for Christian Norgaard and Ben White, while Jakub Kiwior has already been sold to Porto for £14.7m.
The club have moved for Leicester’s teenage forward Jeremy Monga, 16, who is viewed as one of the leading young prospects in English football and is understood to be open to joining Arsenal.
In midfield, Myles Lewis-Skelly’s excellent end to the season in central midfield may prompt a rethink over his transfer status after the club had previously considered listening to offers for the 19-year-old.
Arsenal have also discussed a move for West Ham midfielder Mateus Fernandes, who is expected to leave following their relegation to the Championship.
At full-back, Newcastle’s Tino Livramento has been looked at, while the club are also progressing contract talks with Jurrien Timber and have signalled their intention to open negotiations with Declan Rice over an extension.
