Mikel Arteta feels Arsenal have the financial strength to be able to challenge for the Premier League title next season.
Former Newcastle striker Michael Chopra is keen to return to the Indian Super League, which will kick off on October 3.
Barnsley defender Rob Edwards has agreed to a switch to League Two Fleetwood on a month-long loan.
The 29-year-old has yet to feature for Barnsley this season due to a niggling injury and will be looking to gain some match fitness.
Barnsley manager Keith Hill signed Edwards and made him captain but injuries and lack of form restricted the Wales international to just 18 appearances last term.
Edwards has fallen down the pecking order in his absence with Stephen Foster, Jim McNulty, Martin Cranie and Scott Wiseman all vying for the position.
Hill recently allowed another defender, Lee Collins, to join Shrewsbury Town on loan.