According to Starsport, Arsenal have a £150m fund base given just for the summer transfer window.
The duo of Leno and Calhanoglou could become Arsenal’s next signings in addition to Sead Kolasinac who joined the Gunners on a free transfer from Schalke 04
Arsene Wenger previously admitted that quality of the players will be the priority when making the decisions.
“I think this group of players is good enough to come back,” he said.
“They have learned a lot and they have gone through difficult periods this season and they have bounced back in a very strong way.
“I think that will help them, absolutely, next season.
“But first I think we have to keep 90 per cent of these players together and find one or two more who strengthen the group but we don’t need a lot. We don’t need many. But we need maybe top quality.”