Arsenal have already said goodbye to Petr Cech, Aaron Ramsey and Danny Welbeck but according to Goal, Unai Emery is also preparing to sell Mesut Ozil and Henrikh Mkhitaryan.
The Gunners will be preparing to have a huge clear out during the summer transfer window as they aim to welcome up to five signings.
Currently, the Gunners have lost their chance to get into the top 4 of the Premier League and are looking forward to winning the Europa League so that they can secure their place in the Champions League for the next season.
According to the publication, Stephan Lichtsteiner will also leave the club, as well as Carl Jenkinson, Mohamed Elneny and Shkodran Mustafi.
Decisions also need to be made on Calum Chambers and Emiliano Martinez, who have been out on loan this season and are due to return in the summer.
Brazilian teenager Gabriel Martinelli will arrive, with a £6m ($8m) deal already agreed with Ituna, and Emery is also keen to bring in a replacement for Ramsey, as well as a left-back and a winger.
A centre-back could also arrive, but much will depend on whether Arsenal can find a buyer for Mustafi, who is about to enter the final two years of his contract.