Arsenal continue to work on deals for West Ham United captain Declan Rice and Chelsea forward Kai Havertz, alongside their talks for Jurrien Timber.
The club are discussing valuation and payment structure for both deals before making second bids for the players.
It’s understood Arsenal are getting encouragement all three players want to join.
Arsenal want to be ambitious in this window and continue to back manager Mikel Arteta. Any move for Rice would break the club’s transfer record.
Arsenal also retain an interest in Brighton midfielder Moises Caicedo - among others - and are keeping an eye on his situation having had two bids rejected in January.
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