- Mikel Arteta is planning to strengthen his team when the summer window opens
- The Spaniard wants to contend for the Premier League title next term
- Arsenal don't have the cash to sign quality players, hence, they will have to sell some to achieve the aim
- Alexander Lacazette and David Luiz top a shortlist of key squad members thought to be on the chopping board
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Arsenal are reportedly plotting a major summer clear-out that could see a number of top names offloaded as the club looks to slash their wage bill.
A number of players have already been shown the door during Mikel Arteta, with Mesut Ozil perhaps the biggest names among those who have been allowed to leave.
Ozil ended his stint with the Gunners during the January transfer window, ending his tumultuous spell with the club that marked his final months of his career at North London.
Shkodran Mustafi and Sokratis Papastatholpoulos are the other players who left the Emirates during winter, with the former sealing a switch to the Bundesliga with Schalke 04.
Both players had their contracts with Arsenal cancelled in a move aimed at ensuring the club stays afloat financially.
However, SunSport reports the clear-out is far from over, with a number of stars already on the chopping board with months to the summer transfer window.
Alexander Lacazette headlines the shortlist of players earmarked for sale, with the Frenchman approaching the final year of his contract.
Despite forming part of Arteta's first XI squad, David Luiz is the other player who could be allowed to leave with his deal due to expire in the summer.
Matteo Guendouzi and Lucas Torreira, both of who are currently on loan with Hertha Berlin and Atletico Madrid are also expected to leave.
Joining the quartet in the list is Kolasinac who could exit for a nominal fee, while offers for Joe Willock and Maitland-Niles are expected to be considered.
Home-grown stars on the chopping board include Reiss Nelson and Eddie Nketiah - both who have failed to break into Arteta's first team.
Funds from the transfers are expected to boost the Spaniard's kitty as he looks to bring in fresh legs to help him in his title charge.
Be that as it may, transfer cash will be primarily reliant on Arsenal security European qualification at the end of the season.
Legit.ng earlier reported that Arsenal legend Thierry Henry has been tipped to become the next manager of Championship side Bournemouth.
The Cherries have been without a manager since the sacking of Jason Tindall earlier in the month and the current boss of Montreal Impact boss is among the candidates vying for the position.
Henry's former teammate Patrick Vieira and former Huddersfield Town manager David Wagner are also in the running for the top job.
Oluwatomiwa is a sports editor with Legit.ng. He has over eight years of field and office experience in the media industry. He graduated from the Nigerian Institute of Journalism in 2014 with HND in Mass Communication. Connect with him on Twitter @TomiwaBabalola.