Arsene Wenger's war chest will be heavy this summer after the club successfully trimmed their debt considerably.
Arsenal is finally in a position to secure big-name signings and boost their chances of winning silverware again.
Lassana Diarra has appeared as one such name linked with Arsenal.
He joined Arsenal in the summer of 2007 from Chelsea, but later fell out with the Gunners' boss, citing lack of playing time as the reason. He then went on to join Portsmouth and had a successful spell there before joining Real Madrid for a reported £20m fee.
He had a good first season at the Bernabeu, but the recent arrival of star names and Manuel Pellegrini hasn't helped him. In particular, the arrival of Xabi Alonso has pushed him down the pecking order, causing him to perhaps look elsewhere for playing time.
The 25-year-old is a versatile midfielder with immense physical strength, and his passing range and defensive abilities are praiseworthy. As a predominantly defensive midfielder, Diarra could give a huge boost to Arsenal's defensive conundrums.
He can also play at an advanced position, making him even more attractive. In short, he can attack as well as defend.
So one way or the other he's going to be an asset, and he could be available for a small fee. With Real Madrid looking to trim their squad and more galacticos in their sight, Diarra could be surplus to requirements.
At 25, he's in the prime of his career. Moreover, he has already proved his credentials in the Premier League, so there isn't any risk involved if Wenger decided to re-sign this former player.
Spending £10m-£15m for a quality world-class player is not a bad piece of business, but Wenger is not an admirer of his former players. Keeping that in mind, is there any chance of seeing Diarra in the Arsenal jersey again?