Arsenal boss Arsene Wenger has made it clear that despite the recent signings of Alexis Sanchez and Mathieu Debuchy, the Gunners' business is not yet done in the summer transfer market.
As reported by Sky Sports, the Frenchman has admitted he still has further plans to bring new blood to the Emirates before the start of the season.
"It's not over, there's still a long way to go," Wenger said. "I can't give you any names because you're never sure if you can do what you want, but we're still out there to strengthen our squad."
With that in mind, let's take a look at the latest news on several stars who have been linked with Arsenal and could make the switch to North London.
Arsenal are in great need of a top-class defensive midfielder, and Real Madrid's Khedira has been heavily linked with a move to the Gunners. Marca, via the Metro, went as far as reporting that a £19.8 million offer had been accepted by the La Liga giants last week.
However, recent reports suggest that the deal is no longer on, with Bild now saying the German international is on his way to Monaco as part of Los Blancos' deal to bring James Rodriguez to the Bernabeu, via 101 Great Goals:
Indeed, the BBC's David Ornstein confirmed that Arsenal have now pulled out of the race to sign the 2014 World Cup winner:
While the Gunners were clearly eager to snap up the highly rated Khedira, who excelled in Brazil, especially against the hosts, per the Mirror's John Cross, they must now look elsewhere as they aim to strengthen ahead of the new term:
Reports suggest that Southampton's Morgan Schneiderlin is the Gunners' newest target in the defensive midfield position, per Fox Soccer:
The 24-year-old would likely be a cheaper buy than Khedira, and he already has Premier League experience, making him a fine alternative to the German.
Having lost the services of Lukasz Fabianski to Swansea earlier in the summer, Wenger is in great need of added strength in the goalkeeping department.
Sky Sports reports Wenger is eyeing up Nice shot-stopper Ospina with a confirmed deal in the offing:
Arsenal boss Arsene Wenger is chasing Nice's Colombia goalkeeper David Ospina, with a deal for around £3million nearing completion.
After his side's pre-season victory over Boreham Wood on Saturday, Wenger said he would bring in a new keeper "for sure" and confirmed he was actively looking.
Long-term Gunners No. 1 Wojciech Szczesny's position would likely come under threat with the arrival of the 25-year-old, who is a top quality keeper, as Opta's David Wall illustrates:
The Polish keeper has never really been threatened at the Emirates since he took the No. 1 spot, as Fabianski was always very much a back-up.
However, both he and Arsenal would benefit from some competition between the posts; indeed, beIN Sports' Tancredi Palmeri reckons the Gunners will improve greatly with the addition of Ospina:
At just £3 million, the Colombian would represent real value for money—especially given the way he performed in the World Cup, where he conceded four in five games—and add the kind of depth Arsenal need if they are to genuinely compete for the Premier League title next season.
Another potential goalkeeping option for Wenger is reportedly Real veteran Casillas, although there seem to be conflicting reports concerning the Spaniard's future in Madrid.
Within the Spanish media, El Confidencial reports that the 33-year-old is eager to terminate his contract at the Bernabeu and make a move to Arsenal, via 101 Great Goals:
However, Carmen Colino in AS insists Casillas wants to stay put at Real despite the presence of Diego Lopez and imminent arrival of Costa Rican Keylor Navas:
Iker [Casillas] is due back in work on Wednesday and like Diego Lopez, his idea is to continue at the Bernabeu. The incorporation of Keylor Navas wouldn’t change his stance. ...
Casillas is not willing to initiate his exit; however should the club decide that Iker needs to leave, it will be up to them to put him on the market, declare his time at Real Madrid definitively over and spell out that Diego Lopez and Keylor Navas are the squad’s two main goalkeepers. In such a scenario, Iker would be able to decide where he wants to go.
Whatever the reality, Casillas's vast experience would no doubt be invaluable at Arsenal, and despite a suspect World Cup performance, he still has the quality to perform at the top level, as he showed in Real's Champions League-winning campaign last season.
However, Ospina is likely to be Wenger's main target at the back considering his history of preferring to bring in youth to the club.
While Casillas is a superb keeper, he is getting on somewhat, and Ospina has shown that he has the talent to be one of the world's top goalkeepers for years to come and thus would be the better option for Wenger and Arsenal.
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