It appears Arsene Wenger has finally joined the big league when it comes to splashing the cash on transfer fees. The cheque book has been dusted off after five months in the Highbury House safe and a deal will be signed off shortly for the £22m transfer of Gonzalo Higuain from Real Madrid.
I don't want to get to ahead of myself because nothing has been signed yet. There is still room for another club to swoop in and poach the Argentine from under our noses. BUT I'm really excited at the prospect of him joining us.
He will provide a piece of star quality which was certainly missing last season and will compliment Olivier Giroud rather than be direct competition for the French striker. It intrigues me as to how Arsene Wenger will set up the team. He will have so many options.
The Daily Mail report the contract Higuain will sign will be a four year deal worth £150k a week. The hold up in the deal being completed it seems is the fact the Spanish club don't have a manager since Jose Mourinho’s return to Chelsea. Carlo Ancelotti is expected to be appointed but PSG have yet to secure a replacement. It seems that Real want their new manager to sign off the Higuain deal.
It's never fun waiting but it's something that we're prepared to do to get our man. And his record in Spain is very good - 117 goals since joining in 2007 - so hopefully it will be worth the wait. The Guardian report we hope to be able to take our potential new signing on our summer tour which depart on 11 July for Indonesia, Vietnam and Japan.
And could Wayne Rooney be next? That's what our second largest shareholder would like to see.
Alisher Usmanov told CNBC:
"He is a great player, there would be great success for Rooney [if he joined Arsenal], and for Arsenal too."Another populist statement from the man who wants to win our hearts. If the deal for Higuain goes through I can't see us signing Rooney as well. We need to strengthen in other areas. Like in defence...
And The Sun are reporting the manager is lining up a £6million bid for Croatian wonder kid Tin Jedvaj.
Jedvaj, a 17-year-old Dinamo Zagreb defender, is the most highly-rated player from Croatia since midfielder Luka Modric.
And he's already training with the full national team. He must be good. However he'd be one for the future rather than next season's first team due to his inexperience. But what a prospect to have on our books.
Elsewhere, the Daily Mail report Sunderland want goalkeeper Vito Mannone to replace Simon Mignolet if the Belgium international is signed by Liverpool.
And finally another Daily Mail story which links us with Victor Wanyama. They've caught up with a Scottish Sun story from the other day which reported that Southampton have agreed a £10million fee for the Celtic midfielder.
That's it for today. Back with more tomorrow.