Arsenal prepare big summer clearout

Arsenal are preparing big summer clearout in order to compensate for their spending spree, reports say.

The Gunners will try to initiate a massive raid to bolster their squad for next season with big summer targets such as Moises Caicedo and Declan Rice, bringing up the spent transfer fee over £200m.

That is why the London team will be looking to offload plenty of players (up to 11 of them) in order to comply to FFP regulations.

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Former captain Granit Xhaka is among those, who are likely to leave the club.

Kieran Tierney, Emile Smith Rowe, Folarin Balogun, Rob Holding, Ainsley Maitland-Niles, Albert Sambi Lokonga, Nuno Tavares, Cedric Soares, Reiss Nelson and Eddie Nketiah are also on the list.

The board has the full backing of head-coach Mikel Arteta after an impressive season, which saw the Gunners lead most of the way in the Premier League. Despite their recent poor run of results, which would likely give Manchester City the title, Arsenal are fully committed to mounting another serious title-challenge next year.