Declan Rice is set for a positional change and Viktor Gyokeres and Mikel Merino are in the sights for the new Arsenal

Arsenal could be willing to spend big to continue their summer re-signing following the arrival of Riccardo Calafiori.

The Gunners have announced the versatile Italian defender as their second signing of the window £38 million transfer on Monday.

His arrival means the north London giants have shelled out £65m after turning David Raya's loan from Brentford into a permanent move for £27 million.

And that figure is expected to break the £100m barrier and could even top £150m if Mikel Arteta Everyone does things their own way.

talkSPORT understands that Arsenal are keen to boost their transfer fund with Emile Smith Rowe about to join Fulham in a deal worth £34m.

Once the Hale End graduate's departure is confirmed, Arsenal would step up their quest to sign a left-sided central midfielder, with £25m-rated Mikel Merino identified as Granite Xhaka's replacement – 12 months after his sale to Bayer Leverkusen.

This could be seen Declan Rice He left his box-to-box role to take up a No. 6 role, where he starred for West Ham and remains on international duty with England.

And to round off what is set to be another hectic summer at the Emirates, a striker could be the latest addition to the squad as Arsenal look to win their first Premier League title since 2004.

Italian media had suggested that the Napoli striker Victor Osimhen He was on the club's radar to offer competition to Kai Havertz and Gabriel Jesus.

However, talkSPORT understands that it is Chelsea who are Moving forward in the talks to sign the Nigerian star on an initial season-long loan deal, which could lead to Arsenal making a move for Viktor Gyokeres.

Here talkSPORT.com looks at how Arsenal could line up against Wolves on August 17 if they manage to land their two top targets.

Spanish goalkeeper Raya will retain his place as the club's number one between the sticks after winning the Golden Glove last season with 16 clean sheets.

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Ben White He will undoubtedly keep his place at right-back after becoming one of the best full-backs in the top flight since switching from centre-back.

AND Calafioriwho played as a centre-back for Bologna last season and for Italy at Euro 2024, could play on the opposite side of defence.

Although it is not an unfamiliar position for the 22-year-old, who played as a left-back before his move to Bologna in 2023.

His arrival will mean Jurrien Timber will likely be used as a reserve, a blow for the Dutchman who was limited to just three appearances last season following an ACL injury.

Arteta would then associate Guillermo Saliba and Gabriel Magalhaes at the heart of the defence, with the duo widely regarded as one of the best centre-back partnerships in Europe.

And Rice could then take the position of sole defensive midfielder ahead of Thomas Parteywho continues to be linked to a move to Saudi Arabia.

Despite playing the No.8 role in his first year at Arsenal, a potential signing of Merino from Real Sociedad would likely see the 28-year-old deployed there.

The former Newcastle man, who was part of the Spain squad that won Euro 2024 alongside Raya, could help Arsenal attack down the left, with line-breaking passing a big part of his game.

With a similar style to Xhaka, this would especially help the left winger. Gabriel Martinelliwho had difficulties in the absence of the Swiss international.

Pattern Martin Odegaard He would then complete the midfield three, with the Norwegian recognised as one of the best playmakers in Europe.

Bukayo Saka He will almost certainly start on the right wing, despite not yet featuring in pre-season, where he will be looking to improve on his 34 goal involvements from last season.

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Martinelli could then get the nod over Leandro Trossard on the opposite flank after dazzling in the pre-season win over Manchester United.

And with Osimhen seemingly out of the equation for Arsenal, they could look to sign Sporting Lisbon centre-forward Gyokeres.

The Swedish striker, who joined the Portuguese side from Coventry last summer, contributed 43 goals and 15 assists in all competitions to lead his side to the league title.

Arsenal scouts saw him in action last season, and have even been monitoring him closely during this pre-season ahead of a possible move.

But it remains to be seen whether they will activate his £86m release clause or whether they can negotiate a reduction in the price.

If he ends up at Arsenal, he is likely to start above Havertz and Jesus to lead the line under Arteta.

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