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Arsene Wenger is prepared to bring in fresh names into the team after a disappointing season.
According to reports making the round, Arsenal first bid for Bolton Wanderers Rob Holding have been decline.
According to Bolton News; Arsenal are interested in signing 20-year-old Englishman and their initial offer worth around £2million plus bonus, rising to nearly £5million for the young lad.
However, Bolton values the Englishman around £7million and believe they can get more from Arsenal.
Holding has been recently voted as Bolton Wanderers Player of the Season, has attracted the interest of Celtic, Everton and Bournemouth despite suffering relegation to League One.
The talented Defender was withdrawn from manager Jimmy Phillips side which faced Fulham during the weekend to protect him from injury.