Arsenal face a star exodus if they fail to finish in the top four this season.
The Telegraph says Pierre-Emerick Aubameyang and Alexandre Lacazette could be the first through the exit door.
Lacazette and Aubameyang have yet to commit their long-term futures with new contracts.
And the club fear they will struggle to keep them in the summer if they don't qualify for the Champions League.
Aubameyang's scenario is a more pressing concern, with his contract up in June 2021, whereas Lacazette is tied down until the following summer.