Sami Mokbel
BBC Sport Senior football correspondent

Arsenal are also looking to sign a winger, with Athletic Bilbao's Nico Williams a genuine target.

The Spain international has a reported 58m euro (£49m) release clause, but his wages would make him one of the biggest earners at the club.

Borussia Dortmund's English winger Jamie Gittens has also been liked with the Gunners.

Much of the groundwork to strengthen the midfield has already been done. Martin Zubimendi is expected to join from Real Sociedad - a deal largely executed by former sporting director Edu and Jason Ayto, who took the role on an interim basis following his predecessor's departure in November.

Zubimendi, 26, will replace Jorginho, who is set to join Brazilian side Flamengo before the Club World Cup.

Whether Arsenal look to sign another midfielder will depend how contract talks develop with Thomas Partey.

The 31-year-old Ghana international seemed likely to leave at the end of his contract next month, but Andrea Berta's arrival has signalled a change of direction and Partey is being offered the opportunity to stay in north London.

Ben Collins
BBC Sport

Arsenal must be kicking themselves that they didn't go for either Alexander Isak or Ivan Toney last summer.

They were linked with both repeatedly, but opted not to make a move for Isak while Saudi Pro League club Al-Ahli paid about £40m to sign Toney from Brentford.

The England striker has gone on to score 27 goals from 40 appearances for his new club and helped them win the Asian Champions League last weekend.

Isak scored 25 goals for Newcastle last season and is already up to 27 in the current campaign.

Sure, the Sweden striker would have cost a lot last summer... but how much will it cost Arsenal to prise him away from Newcastle now?!

Image source, Getty Images

Sami Mokbel
BBC Sport Senior football correspondent

Arsenal have alternative targets to Alexander Isak, with Benjamin Sesko a long-term target who was close to joining the club last summer.

Arsenal enquired again in January, but RB Leipzig were adamant they had no intention of selling and the Gunners did not want to antagonise them before a potential negotiation this summer.

The Slovenia international has scored 26 goals this season - already an improvement on the 23 he hit last year. At 21, he fits the ideal age profile for Arsenal in terms of financial and technical growth.

But the appointment of Andrea Berta has resulted in Viktor Gyokeres' stock rising, with sources in recent weeks indicating there is considerable internal backing for a move for Sporting's Sweden striker, despite much of the groundwork having been completed on a deal for Sesko.

Both players have release clauses, but the indications are their clubs are willing to negotiate lower fees. At this stage, sources suggest Gyokeres, who has scored 38 league goals this season, is the most economical signing of the two.

But prior to Berta's arrival there were concerns whether Gyokeres' form in Portugal would translate to top-level performances in the Premier League. Similarly, the fact he will turn 27 before next season presents a financial dilemma given the likely outlay.

Sami Mokbel
BBC Sport Senior football correspondent

It is no secret Arsenal want to spend a large portion of their summer budget on a new striker. At the top of Arteta's wishlist is Newcastle frontman Alexander Isak, and a move for the Sweden international has almost universal backing from those behind the scenes at Emirates Stadium.

Well-placed sources have told BBC Sport that Isak would be open to a move to London, though he is likely to have other options - with Liverpool also interested.

All of his suitors are likely to run into the same obstacle: cost.

There is an acknowledgement at Arsenal that signing Isak would wipe out the vast majority of their budget - and with other positions to strengthen, a deal for the 25-year-old may be unlikely.

Newcastle maintain Isak, who has three years left on his contract, is not for sale.

Should they qualify for the Champions League, that would add another layer of difficulty for any club with genuine designs on signing him.

But, as ever in any marketplace, money talks and Arsenal have not closed the door on a move for Isak just yet.

Sami Mokbel
BBC Sport Senior football correspondent

What comes next for Arsenal? Can they get to that next level? And which players are they looking at as they try to strengthen their squad?

This will be a significant summer, and new sporting director Andrea Berta, who joined the club from Atletico Madrid in March, will be a key figure.

Coming up, we'll take you through the club's plans as they stand - pulled together from multiple sources. Unsurprisingly, a striker is top of their list of targets, with Alexander Isak, Benjamin Sesko and Viktor Gyokeres all coveted.

Midfielder Martin Zubimendi is expected to join from Real Sociedad, Arsenal also want a winger, and there are key decisions to be made on contracts.

Joe Rindl
BBC Sport

Loving all these Get Involveds - when you're not winding up poor Ben Ramsdale, you lot make some great points.

I think we'll start chatting Europa League in a bit, so this is your 30-minute-ish warning.

Image source, Getty Images

The lack of fire-power at the disposal of Arsenal is stark when you look at the numbers.

Despite now being in May, they still yet to have a player that has hit the double figure mark in the Premier League with Kai Havertz their current top scorer on nine goals.

In all competitions, Havertz again leads the way with 15, while only four players in total have hit 10 or more; Bukayo Saka (11), Leandro Trossard (11) and Gabriel Martinelli (10).

It's also worth nothing that, despite still being the Gunners' top scorer - Havertz' last appearance came on 5 February.

Joe Rindl
BBC Sport

Let's focus on what Arsenal are missing. Striker? New goalkeeper? Midfielder?

The Gunners won't get near the points tally they recorded last season (89). Are they going backwards?

Joe Rindl
BBC Sport

Given that not one person has messaged in to say the Arsenal side of the past three seasons is the best team to never win the Premier League, I think we can class this question as answered.

Love it when we all come together.

Phil McNulty
BBC Sport chief football writer in Paris

Arsenal and manager Mikel Arteta must leave the disappointment of defeat against Paris St-Germain in the Champions League semi-final behind swiftly to ensure their season at least ends with a return to Europe's elite competition next season.

And they start on Sunday at Liverpool, who may just have noted Arteta's contentious suggestion that their Premier League title triumph was down to being in the right place at the right time.

Arsenal can take solace from a good performance here in Paris, but it still ended in a disappointing loss to PSG and Arteta must ensure there is no hangover to get their season back on track.

It is getting tight for a place in the top five, and while The Gunners are in a good position, Arteta's side cannot afford slip-ups, even at this late stage.