Arsenal is looking to bolster Mikel Arteta’s squad in the summer by targeting a striker and winger. Unfortunately, their dreams of reaching a Champions League semi-final were dashed by Bayern Munich, putting their plans on hold.

Arsenal’s recent losses to Aston Villa and Bayern have put their hopes of winning any trophies this season in jeopardy. Their only chance now is if Manchester City makes a mistake in the Premier League title race, with only six games left to play. Last year, Arteta’s team came in second place. There have been positive developments since a substantial amount of money was invested last summer in players like Declan Rice, Kai Havertz, and Jurriën Timber. However, Kroenke Sports & Entertainment (KSE), the owner, acknowledges that Arteta’s team requires significant reinforcements to progress further.

Reports suggest that Newcastle has set its sights on Alexander Isak, a talented striker. The player’s transfer fee was a significant amount, and Arsenal showed great interest in him before he joined St James’ Park in August 2022 for a substantial sum. Arsenal has shown interest in Isak’s Sweden teammate Viktor Gyökeres, who has been in impressive form this season, scoring 36 goals for Sporting in Portugal. Gyökeres joined Sporting from Coventry last year and has a buyout clause of £86m. Arsenal’s interest in Brentford’s Ivan Toney is believed to have cooled, but there is still the possibility of considering the Juventus and Serbia striker Dusan Vlahovic as another alternative.

There are reports suggesting that Michael Olise of Crystal Palace has caught the attention of Arsenal’s scouting department. Despite his limited playing time due to ιnjury, he has managed to make an impression. In fact, he turned down Chelsea to sign a new contract with Crystal Palace earlier this year. The contract of the France Under-21 forward includes a release clause that will become active in the summer. It is believed to be around £65m. He is also attracting a lot of attention from Manchester City and Manchester United, among other clubs.

Arsenal should be cautious about complying with the Premier League’s profitability and sustainability rules, but it is anticipated that the club’s sporting director, Edu, will receive a budget similar to last year’s from the non-executive director, Josh Kroenke. KSE saw a significant increase in its value, thanks to the success of its teams in various sports. One notable achievement was the Denver Nuggets basketball franchise winning their first NBA title last year.

Arsenal plans to come together and support Arteta’s squad following a challenging week. The captain, Martin Ødegaard, expressed the team’s deep disappointment following their 1-0 loss in the second leg against Bayern. He emphasized the need to channel this setback into motivation as they prepare to face Wolves on Saturday.”It can be a bit challenging to regain momentum, but the drive to compete in the league is sufficient motivation for all of us,” Ødegaard expressed. “It’s important for us to stay united, rise above our challenges, and continue to strive forward. We have the potential to achieve something truly remarkable. I believe that should be sufficient inspiration.