Arsenal supporters are hoping that their club can find some deals in the January sales, as their once-promising season is now at risk of falling apart.
Mikel Arteta and Co. are clinging onto hopes of lifting a major trophy, with a huge FA Cup clash with Manchester United to come on Sunday. The Gunners lost the first leg of their Carabao Cup semi-final 2-0 at home to Newcastle on Tuesday, giving them a mountain to climb up at St James' Park next month.
Meanwhile, Arsenal are already six points adrift of Liverpool in the Premier League title race, despite having played one game more. The Gunners' struggles in attack have been discussed more than ever in recent weeks and that's the position where fans hope their squad can be bolstered before deadline day.
Here's a round-up of the latest transfer news from then Emirates.
Isak hopes dashed
Alexander Isak is out of Arsenal's price range, with the Gunners now forced to turn to other targets. Isak, 25, is enjoying a spell of red-hot form, opening the scoring for Newcastle in their midweek triumph at the Emirates.
The Swedish striker has scored 10 goals in his last nine games and if anyone came calling for his services, the Mail report that Newcastle would demand a British-record transfer worth more than the £115million Chelsea paid Brighton to sign Moises Caicedo in 2023. Arsenal simply can't afford to pay that fee as things stand.
Jorginho considering Brazil return
Arsenal midfielder Jorginho is considering leaving the club this month ahead of his contract expiring in the summer. The 33-year-old's agent has offered him to Brazilian giants Palmeiras, report ESPN.
Palmeiras, along with rivals Flamengo, are one of just two teams which Jorginho would reportedly consider returning to his home country to play for. The former Chelsea midfielder was born in Brazil but represents Italy at international level after moving there aged 15.
Gunners to receive windfall
Ex-Arsenal forward Mika Biereth is set to land the Gunners a healthy cash windfall when he completes his €13million (£10.8m) switch to Monaco. Biereth, who was born in London plays for Denmark at youth level, has completed a medical in the principality ahead of his move from Sturm Graz.
Arsenal will receive a percentage of the fee which the Austrian side receive, as they negotiated a sell-on clause when Biereth left the Emirates. The 21-year-old was picked been up from Fulham in 2021 but never made a senior appearances for the Gunners and departed last summer.