Arsenal progressed into the last eight of the Europa League on Thursday night following a 3-0 win over Rennes at the Emirates Stadium.
It ensured a 4-3 aggregate victory for the Gunners who now face a mouthwatering quarter-final with Napoli.
Unai Emery’s men are looking in decent shape to claim a Champions League place this season and that could make for an interesting summer.
The Daily Mail are reporting that the Arsenal boss will have just £45 million to work with during the transfer window.
Nonetheless, that should still give Emery plenty of scope to improve the squad.
According to the Metro, Manchester United defender, Antonio Valencia is on the Gunners’ list of targets.
The Ecuadorian is out of contract at Old Trafford in the summer and is set to depart after more than 300 games, as per the report.
Valencia’s father and agent has told El Universal that the 33-year-old will not be staying with the Red Devils.
He has also revealed what his next options could be too, saying: “Arsenal, West Ham, Inter Milan and one club from China are options, but in football, everything is changing.”
Arsenal could do a lot worse than pursue their interest in Valencia.
Such a capable player on a free transfer would certainly help the Gunners in a transfer window where every penny needs to be spent wisely.
With Hector Bellerin out with a serious knee injury, the Gunners have had to pop a square peg in a round hole at right-back.
If the club is to keep progressing under Emery then decent players will need to be added.
Valencia has been one of United’s most consistent performers over the past decade and his arrival at the Emirates Stadium would be most welcome.