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Mikel Arteta is clearly trusted by the Arsenal hierarchy to spend big, as last summer's transfer window proved with the Gunners bringing in six new faces for a combined fee of £140million.

What the North London outfit are rumoured to have in the works this time around however, makes last year's efforts look small-time. After missing out on Champions League qualification in the final stages of last season - to their most fierce rivals Spurs no less, Arteta is wasting little time in trying to rectify the errors of last term.

Arsenal already made one purchase within a week of the window opening, but it came in the form of Sao Paulo wonderkid Marquinhos. While there are plenty of reasons to be excited about the Brazilian teenager, he is unlikely to play a huge role in the Gunners first-team right away.

Arteta then took fans and pundits alike by surprise as news broke that Arsenal are on the verge of completing a £30million move for FC Porto midfielder Fabio Vieira. The Portugal Under-21 international was the most prolific playmaker in the whole of Liga Nos last season, with 14 assists to his name in the league alone.

Though that deal is yet to be officially confirmed by his new club, it would seem it is as