Declan Rice became Britain's most expensive player following his £105 million move from West Ham United to Arsenal.
Arsenal have completed the signing of Jurrien Timber from Ajax for a transfer fee of £38million on a five-year deal.
Switzerland midfielder Granit Xhaka has parted ways with Arsenal to join German side Bayer Leverkusen in a £21.4million deal.
Former Arsenal, Chelsea and Barcelona midfielder Cesc Fabregas has announced his retirement from football at the age of 36.
Arsenal have signed Germany forward Kai Havertz from Chelsea on a five-year deal until 2028 for £65 million.
Arsenal manager Mikel Arteta believes the Gunners have to strengthen their squad to challenge Manchester City for the Premier League title next season.
Arsenal looks set to sign German forward Kai Havertz from Chelsea after reportedly agreeing a £65 million ($82 million) fee for the German.
Bukayo Saka has signed a new long-term contract with Arsenal which will keep him at the club until 2027.
Manchester City won the Premier League for the fifth time in six seasons after Arsenal fell to a narrow 1-0 defeat to Nottingham Forest.
Manchester City are on the brink of retaining the Premier League title after Arsenal fell to a shock 3-0 defeat at the hands of Brighton & Hove Albion on Sunday.