With Lukas Podolski and Olivier Giroud already signed and sealed this summer, there is hope among the Arsenal faithful that Arsene Wenger may finally make the reinforcements necessary to bring the club back to glory.

There had been an expectation for some time that Wenger would add Yann M'Vila to his ranks, but a deal for the Rennes defensive midfielder looks increasingly unlikely. The Daily Mirror reports that the Gunners boss was so put off by M'Vila's petulant reaction to being substituted during France's Euro 2012 final against Spain that he has dropped his interest in the 22 year old.

Given the research that Wenger puts into potential signings it would appear highly unlikely that one such incident would change his mind about a player. A more reasoned explanation seems to be that, as French football writer Matt Spiro suggests, Wenger has been dissuaded from the transfer due to M'Vila's disciplinary problems both on and off the pitch over the past several months.

Arsenal could yet take home another member of France's European Championship squad, though, with the London Evening Standard and Daily Mail claiming that Arsenal maintain an interest in goalkeeper Hugo Lloris.

The France No.1 could be allowed to leave Lyon this summer, according to president Jean-Michel Aulas.

Lloris can go, but only for a decent price in relation to the market, he said, according to Sky Sports.

At first glance it seems unlikely that Wenger would bring in a top class goalkeeper with Wojciech Szczesny now established between the sticks at the Emirates. But with Manuel Almunia having departed and Lukasz Fabianski potentially soon to follow suit, Arsenal may be looking for a more experienced goalkeeper alongside Szczesny. There could also be concerns that the 22-year-old Pole remains too error prone.

Arsenal could be set for a battle with Tottenham over one of the stars of Euro 2012, Alan Dzagoev. The Gunners have been linked with a move for the Russian, who hit three goals in Poland and Ukraine. But the 22-year-old's father has said that Spurs are eager to lure him away from CSKA Moscow.

I don't know if he will stay at CSKA, said Tariel Dzagoev. There are offers--from Spurs and other foreign clubs.

But I tell him not to hurry. Yury Zhirkov ran off to Chelsea and sat on the bench.

Finally, there has been further reports in the ongoing speculation surrounding the future of Robin van Persie. Italian publication La Gazzetta dello Sport has claimed that Juventus have tabled a €10 million (£8m) offer for the Dutchman. Unsurprisingly, the Gunners rejected the bid without hesitation.

Arsenal boss Wenger recently laughed off suggestions that Van Persie would move to the Serie A champions. Manchester City have also been linked with a move for the Premier League's Golden Boot winner of last season, who has just a year remaining on his contract. But City boss Roberto Mancini attempted to dampen speculation over the weekend.

Van Persie? He is an Arsenal player and I don't want to disrespect Wenger, Mancini said, according to ESPN.

We have four strikers and we will start the pre-season in five days. It's unlikely there will be major changes in such a short time.