What Arsenal should do next: “Emery to oversee a humble rebuild”

Arsenal are facing up to a third consecutive season outside of the Champions League – and this summer’s transfer budget is certainly not on a par with Europe’s elite clubs.

Unai Emery reportedly has under £50 million at his disposal, which means the Spaniard is going to need to spend very wisely given that the north Londoners’ squad requires a significant revamp.

Aaron Ramsey has joined Juventus, which is set to leave a void in the Gunners’ midfield Mesut Ozil seems unable to fill at present, while Lucas Torreira has also been linked with a move away from the Emirates Stadium.

Another key area in need of attention is the defence. Errors continue to blight Arsenal’s progress at the back, with Shkodran Mustafi catching more than his fair share of criticism last season.

WATCH MORE: How Has Unai Emery Improved Arsenal?

So, where does Emery start as he looks to stretch his shoestring budget as far as possible?
Brazilian teenage forward Gabriel Martinelli has arrived – and made big claims about modelling his game on none other than CR7.

The Gunners have also had bids for Celtic full-back Kieran Tierney and Crystal Palace forward Wilfried Zaha knocked back, while St Etienne centre-back William Saliba is another figure of interest.

The most realistic way for the club to boost their finances would be to sell some of their prize assets – but surely fan favourites Pierre-Emerick Aubameyang and Alexandre Lacazette are off limits?

However, with Manchester United and Chelsea expected to experience seasons of transition, Arsenal have a real opportunity to force their way back into the big time that they can scarcely afford to miss.

Watch the video at the top of the article to see our Arsenal documentary featuring views from fans, journalists and more.

Subscribe to Squawka’s Youtube channel here.