Arsenal look for Ramsey replacement
It won't be the most spectacular window, but the Gunners do have some very important business to conduct. The key question is the size of their budget.
With Europa League football, we're told it will be as low as around £40m. But with Champions League football, it will be higher. I've been led to believe that could mean up to £100m.
The higher figure would require player sales and also need to cover the salaries of signings. There's also a revenue boost that will come with Adidas taking over as Arsenal's kit supplier.
The low kitty is mainly explained by Arsenal's heavy investment in recent transfer windows, a total commitment to their self-sustaining model and the adherence to financial fair play (FFP) rules.
By David Ornstein