BREAKING NEWS: Arsenal has finalized the £50m signing of Europe’s most coveted player. After weeks of negotiations, the deal is now complete with a 5-year contract signed. The player will undergo a medical examination today.

Arsenal’s transfer activity is picking up after a slow start this summer. The club has already signed goalkeepers Lucas Nygaard and Tommy Setford, and they are now close to finalizing the acquisition of Italian defender Riccardo Calafiori.

Additionally, there have been ongoing speculations linking Mikel Merino with a move to the Emirates Stadium. However, recent reports suggest that Arsenal is focusing on securing a different key player as a possible alternative.

Duncan Castles, on the Football Transfers’ Transfers Podcast, reported that Arsenal is interested in signing Paris Saint-Germain midfielder Fabian Ruiz. The North London club has reportedly been in discussions with PSG about the Spanish international, who earns £147k per week.

Any potential transfer would likely be contingent on Arsenal offloading a current midfielder, with Emile Smith Rowe being a possible candidate for departure.

The deal for Ruiz is expected to follow a structure similar to the one used for David Raya, involving an initial loan with an obligation to purchase next year.

If Arsenal manages to bring Ruiz in on a loan deal, it would be considered a smart piece of business. However, this could mean that the club might not pursue Merino, as both players fill similar roles.

Both Ruiz and Merino are versatile midfielders capable of playing in various positions, but they are primarily central midfielders. They are both considered strong options for the left-eight position in Arsenal’s midfield.

The choice between the two might come down to their respective outputs and how well they fit into the team’s system. Overall, Arsenal’s transfer window seems to be gaining momentum, with significant additions potentially on the horizon.