Yann M'Vila
Arsenal target Yann M'Vila likely made his last appearance for Rennes on Sunday having come through the youth ranks at the Ligue 1 club. Reuters

With the official end to the European club season marked by the Champions League final on Saturday, there are likely to be imminent developments in the transfer merry-go-round. Perhaps more than ever before, it is crucial that Arsenal is heavily involved in the circus as they try to prove their ambition to striker Robin van Persie.

With the weekend also seeing the climax to the Ligue 1 season, the Gunners will soon discover whether they can secure their number one target, Yann M'Vila.

The Rennes defensive midfielder again made it clear before his last match of the campaign that he would soon select his next destination, with Inter said to be competing hard for the 21-year-old's signature.

My choice is not made, M'Vila said, according to Metro.

If I had made it before the end of the championship, it would have shown a lack of respect for the club. I will discuss it after the final league game.

With Arsenal long having had problems with its defense, although Thomas Vermaelen and Laurent Koscielny performed an effective partnership at times over the past season, it is believed that boss Arsene Wenger is also still eager to strengthen that area of the team.

A long-time target of Wenger's is Vermaelen's Belgian international teammate Jan Vertonghen. However, the Mirror reports that Tottenham are now firmly in pole position to sign the Ajax man.

According to the report, Spurs chairman Daniel Levy will fly to Amsterdam this week to try and complete a £7 million deal.

Meanwhile, in a most unlikely move, the Daily Star reports that Arsenal are also pursuing Liverpool's Martin Skrtel.The imposing center-back is said to be considering his future after Liverpool's failure once again to qualify for the Champions League this season, according to the report. Arsenal are allegedly one of a number of top clubs in England and Europe with an interest in the Slovakian.

Despite appearing out of the running, Arsenal could still be a contender for the much sought after Eden Hazard. It was expected that the Belgian would decide his future between Manchester United and Manchester City, but Lille's managing director Frederic Paquet has said that there are four clubs still interested.

I am not sure he knows himself where he will go, so for the moment, we don't know, he told Sky Sports News.

From my knowledge he has four teams interested in buying him. It is not up to us to tell to him [where to go].

We have a very strong relationship with the player; we will work together and are waiting for him to make a choice between these four teams.

With Chelsea widely reported to be the third, Arsenal would seem like the likely identity of the final side chasing the attacking midfielder.

But, with that deal still appearing a long shot, Arsenal could instead boost their attacking options with a move for Moussa Dembele. The Daily Mail reports that the versatile 24 year-old will reject Fulham's offer of an extension to a deal that has just a year to run, leaving the door open for suitors Arsenal, along with Tottenham, Liverpool and Manchester United.

While Arsenal fans hope that Wenger will chase more established stars this summer, the Frenchman is sure to still seek to continue his policy of signing promising youth. In that vein, Sky Sports reports that Arsenal is chasing Birmingham teenager Foday Nabay.

The midfielder was called up to the England Under-16 side as a 12-year-old last year and the Gunners are set to be favorites, among a host of top clubs, to secure his signature.