Club record signing Nicolas Pepe could be sacrificed after failing to contribute consistently but the Gunners would have to take a hit, with the winger now valued at £36m.
Lucas Torreira is currently on loan at Atletico Madrid but it has been claimed his spell could be cut short and, if he does return, Arsenal could look to sell him for close to his £25.5m value.
Runar Alex Runarsson was brought in to be Bernd Leno’s backup but he has struggled so far and Arsenal may try to offload him for a fee close to the £1.8m they paid to sign him.
Fringe player Calum Chambers could also leave in pursuit of more regular game time and he is valued at £13.5m.
Academy graduates Eddie Nketiah, Reiss Nelson and Joe Willock have also been linked with moves away from the Emirates and Arsenal could cash in if a bid matches their respective market values of £18m, £11.25m and £14.4m.