It's January, which means the transfer window is in full flight in the footballing world and for North London giants Arsenal it means a period of mass speculation and rumours but predominantly actually little occurring for the Gunners.
Manager Arsene Wenger is not a man who likes to spend big, regardless of his team situation. The Gunners have achieved a stellar start to the 2010/2011 despite some embarrassing moments.
Arsenal are third in the Premier League table, four points behind leaders Manchester United, alongside advancing to the round of 16 in Europe's most prestigious competition the UEFA Champions League. Arsene Wenger's men are still in the FA Cup and are currently in the semifinal of the Carling Cup.
This form ensures it's unlikely for Wenger to target quality players but recent injuries to key defenders has ensured the Frenchman may target an experienced defender, and of course there are always the teenagers Wenger thrives on signing.
Let's examine the recent rumours concerning both selling and buying for the Gunners.
After suffering a horrific leg break last February, the Welshman has returned to peak fitness after a short loan spell with Championship side Nottingham Forest. Ramsey, who was touted as the next best midfielder in world football before the injury occurred, impressed with Forest but has failed to reestablish himself back into the Arsenal fray.
Wenger is still inclined to give the 20-year-old more time to regain strength and fitness for the first team and now, according to talkSPORT, Premiership side Blackpool are eager to acquire the young Welsh international's services.
Wenger has stated he is open to loan Ramsey again in order to aid the former Cardiff midfielder's injury and as it looms unlikely for Ramsey to receive consistent playing time, Blackpool may just get their man until the end of the season.
Reports suggest that Championship side Milwall were keen to sign Arsenal young gun Craig Eastmond on a loan deal and promised the Englishman consistent playing time. A ritual all youngsters at the Emirates must endure is a loan spell with a lower-league club.
After bursting onto the Arsenal scene last season with a handful of assuring performances in the midffield, the young gun looked set for a promising career. Touted as a future English international, Eastmond is yet to experience a loan spell in his young career and since the 20-year-old has only made three appearances this season, it seems obvious the youngster should experience a loan spell, particularly one where games are assured.
However, Wenger has rejected the advances from Milwall manager Kenny Jackett, refusing to let Eastmond go on loan. Milwall will attempt to acquire Eastmond in the future, however.
The highly regarded 17-year-old, who is a product of the renowned Southampton academy, is being chased by Manchester United, Chelsea, Liverpool and the Gunners. Reports suggest Arsenal are the front-runners in securing the young gun's signature with a £5 million deal close to materializing.
Touted as the next Theo Walcott, Oxlade-Chamberlain is blessed with great speed, strength and technical ability. However, Southampton are said to be hoping to receive £10 million for their young dynamo.
It has not been a strong season for the Russian dynamo. The Arsenal winger has struggled to impose his skilful presence this season with a number of poor performances despite leading the Gunners in assists.
Recent weeks have seen Arshavin's form diminish and the fans frustration increase and now reports have emerged that the 29-year-old wants to depart to Italian giants Juventus. With Arsenal boasting a number of up-and-coming young wingers, Arshavin needs to perform.
However, too often have the Arsenal faithful witnessed lazy, uninterested performances which have begun to take their toll. If Andrei Arshavin wants out, Wenger won't stop him.