All the latest news and gossip from the past 24 hours at The Emirates.
Arsenal boss Arsene Wenger has urged UEFA to be strict with their implementation of Financial Fair Play rules this summer. Manchester City and Paris Saint-Germain have fallen foul of the system - and the sanctions will be announced next week.
While nobody is set to be disqualified from the Champions League - Wenger still wants punishment to be severe:
“There are rules to apply for the financial fair play. If you don’t respect them, you have to apply the rules. I want to see that respected, if that is not respected, then the financial fair play will have problems to be respected in the future because everyone will just not consider it at all. If it is not respected, of course we will feel let down.”
Wenger reportedly has a £100 million warchest to spend this summer (we have all heard this one before).
It is reported the Frenchman will have free reign to spend big this summer to ensure the club move on from a disappointing end to the current season.
Names like Antoine Griezmann, Julian Draxler, Morgan Schneiderlin, Lars Bender and Serge Aurier.
Arsenal are also said to have identified Dutch international Joel Veltman of Ajax as a potential target. He is also said to be a target for Tottenham Hotspur.
The 22-year-old is highly rated and has been in great form during the Eredivisie title winning season.
French outfit AS Monaco, Europa League finalists SL Benfica and Spanish outfit Valencia will attend the competition.
Pepe Mel has made it clear he would be more than happy to have Joel Campbell at West Brom on loan next season.
Campbell worked under Mel at Real Betis last season - and is currently shining for Greek outfit Olympiakos:
"Joel Campbell was a player with me at Betis, a very good player and it is possible for the future at West Brom. He would be a good player for West Brom. He could play for Albion if I stay here."