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The big question is will Arsenal make a big money move before the transfer deadline?
The top six Premier League clubs have been inactive this in the January transfer window with the Gunners only able to complete the signing of young Cohen Bramall from non legue side Hednesford Town.
According to reports making the round states Arsenal have agreed a new deal with one of their most exciting young players in the form of Ben Sheaf.
An official statement was released on Arsenal official statement that the 18-year-old has agreed terms with the England international.
The versatile midfielder can operate as a centre midfielder and also a full-back is yet to play for Arsenal first team but is a regular for PL2 games for the Gunners.
Arsenal have also agreed new deals with three French stars Laurent Koscienly, Olivier Giroud and Francis Coquelin.