What must happen before Arsenal can complete Houssem Aouar transfer from Lyon?
Sign up to FREE email alerts from Football London - Arsenal Invalid Email Something went wrong, please try again later. Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice  Arsenal are set for an extremely busy summer as they look to bridge the gap between them and the rest of their big six rivals. The Gunners finished in eighth place in last season's Premier League, six points behind London rivals Chelsea in fourth - who also lifted their second-ever UEFA Champions League after defeating Manchester City in the final. football.london understands that manager Mikel Arteta and chief executive Edu Gaspar are looking to add a minimum of five players this summer, with a centre-back, two fullbacks and two midfielders all reportedly on their transfer shortlist. Given former-loanee Martin Odegaard has returned to his parent club Real Madrid, Arsenal are keen to add a creative midfielder to the mix. They have been linked with Leicester midfielder James Maddison as well as Lyon's Houssem Aouar in recent weeks and it is the latter that ESPN claims they are considering making an offer for in the coming weeks. The Frenchman registered seven goals and three assists in Ligue 1 last season and some reports claim that he could be available for just 20million - a more than reasonable price considering Lyon wanted more than double that sum for him last summer and Transfermark still value him at 37.8million. However, the Gunners will first have to sell before they can buy - with Granit Xhaka and Lucas Torreira both likely to depart the Emirates this summer. Xhaka is nearing an exit to Jose Mourinho's AS Roma with the Swiss captain believed to have agreed on personal terms with the Italian giants for a fee that could be up to 18million. Get the latest Arsenal transfer news straight to your inbox The summer window is officially open, and it's going to be tough to keep up with the comings and goings in and out of the Emirates. By signing up to our newsletter here, you'll be kept up to date on the latest news and rumours as they break, all in one place. You'll also receive exclusive insight and articles from club writers Chris Wheatley and Kaya Kaynak, all for free. We also want to hear from you. Create an account here in just a few moments, so you can have your say on all things Arsenal, join the debate and take part in exclusive Q&As as well. Meanwhile, Torreira has fallen out of favour under Arteta and a number of Serie A sides, including Lazio, are thought to be interested in the Uruguayan, who spent last season on loan with Atletico Madrid. The North London side have already announced that French midfielder Matteo Guendouzi will spend next season on loan with Marseille, who will have an option to buy the 22-year-old next summer.