The Gunners are pushing to add to their squad, especially in the attacking department.
Recent results have showed manager Mikel Arteta that he needs more and better options in the final third.
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Per The Guardian, a 160 million transfer pursuit of Alexander Isak and Michael Olise is very much on.
The club's power brokers have agreed to the outlay, as they want to back manager Arteta.
Isak would be the tougher of the two to acquire, given Newcastle are also a very wealthy club.