Arsenal on course for £15m double transfer boost ahead of summer window

Arsenal are in line for a £15million transfer windfall ahead of another big summer for Mikel Arteta.

The Spaniard spent more than £150m last summer, bringing in six new recruits to bolster his playing squad – but his spending spree has paid off with the Gunners on the verge of finally ending their multi-year Champions League exile. Arsenal are in pole position to clinch the final European berth ahead of Manchester United and their other top-four rivals, who are running out for games to catch the Gunners.

Even though a return to Europe represents a huge step forward for the Londoners, their squad is still in need of extensive surgery before the club can challenge for the Premier League title again.

After an underwhelming mid-season transfer window back in January, it's anticipated that Arsenal will splash the cash once again in the summer in a bid to consolidate their progress under Arteta.

And even though Arsenal will receive a huge financial boost if they can seal their return to the Champions League, the Gunners' transfer budget is set to receive a £15m bump due to the impending sale of two fringe players.

According to Calciomercato, Fiorentina are in talks with Arsenal in a bid to turn Lucas Torreira's loan deal into a £12.5m permanent one. The 26-year-old has played a key role for the Italian outfit during his loan stint, bagging four goals in 25 appearances.

But Torreira has struggled to force his way into Arteta's plans and spent last year on loan with Atletico Madrid, so a permanent exit would make sense for all parties. The report outlines that the club are holding talks with Arsenal and Torreira's agent, Pablo Bentancur, 'more frequently' in a bid to wrap up a deal.

As well as their impending