ARSENAL have a huge summer of change on their hands – and many big deals are in the pipeline. The Gunners have confirmed the signing of Noni Madueke from Chelsea for around £50million.

Viktor Gyokeres is closing in on a big-money move to Arsenal, but he has reportedly formed a plan to spend some of his new wages on a project in Portugal.

Liverpool, meanwhile, are looking to bolster their attack with a move for Eintracht Frankfurt striker Hugo Ekitike but they could yet land Alexander Isak who is reportedly keen on

Arsenal have already confirmed the arrivals of Christian Norgaard, Martin Zubimendi and Kepa; with three more deals - including the signing of Viktor Gyokeres - set to be completed

Mikel Arteta and Edu are not done with their summer spending yet with deals for Viktor Gyokeres and Cristhian Mosquera in the pipeline, but another move is in doubt

The first casualty of Arsenal’s spending spree has been named and Bayern Munich are ready to swoop, according to reports. Arsenal ‘s outlay is primed to take a gigantic leap up over the coming days. Deals to sign Noni Madueke (£52m add-ons included) and Viktor Gyokeres (£63.75m add-ons included) are on the cusp of completion.

Arsenal are hoping to wrap up a deal for striker Viktor Gyokeres in the coming days, but Sporting Lisbon are continuing to play hardball over the former Coventry star

Leeds United are close to reaching an agreement to sign free agent Alex Oxlade-Chamberlain. According to reports in Turkey, the Premier League club is offering a £2million annual salary and a one-year contract with the option of a 12-month extension.

Estimates presented by football finance expert Swiss Ramble pegged Arsenal’s PSR position as net positive at £31m up until the three year cycle ending 2023/24. That meant that, on top of the allowed £105m, Arsenal could have lost £136m and still been compliant.