As many as nine players could be moved on as the Gunners embark on cost-cutting measures ahead of the summer transfer window.

Arsenal are reportedly preparing a summer overhaul, with the club ready to ship off as many as nine players once the season ends. This is according to the Sun, with the British tabloid claiming the Gunners look to embark on cost-cutting measures amid the COVID-19 financial crisis.

The north London giants might have gotten the likes of Ozil, Mustafi, and Sokratis off the wage books but could do with a few more departures. Two first-team players who Arteta and Co. are ready to let go are Alexandre Lacazette and David Luiz.

The Frenchman and the Brazilian are two of the team's highest earners, pocketing £150,000 and £1250,000 per week, respectively. The former Lyon striker is entering the final year of his Emirates Stadium deal, meaning the Premier League giants will listen to offers for the 29-year-old. Luiz, on the other hand, is out of contract come the summer and is expected to be released.

Two other players Arsenal look to cash in on are Matteo Guendouzi and Lucas Torreira, on loan at Hertha Berlin and Atletico respectively. The club were keen on selling the pair last summer for different reasons – the Frenchman fell out with the manager while the Uruguayan fell out of favor – and will try to move them on once more.

Kolasinac, Willock, and Maitland-Niles are three other players on loan who Arsenal prefer to sell while the EPL side are also eager to sell Nketiah and Nelson, two academy graduates who have failed to make the grade. Ceballos, who is at the Emirates Stadium on loan, could be signed permanently while another short-term deal for Odegaard could be on the cards.

With the Gunners bleeding money like crazy, Arteta's side will need to raise funds for the summer transfer window. The squad is in need of strengthening, but with the team in danger of missing out on European football, their purse strings could be tight.