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.
Everton manager David Moyes is planning to offer veterans Phil Neville and Sylvain Distin new one-year contracts to keep them at the club.
But Moyes is keen to retain their experience and expects discussions to begin in January.
"We are monitoring Phil's position, but if you were asking me, I'd say let's give him another year's contract and keep it going," the Scot told the Liverpool Echo.
"I'd say the same for Sylvain Distin, who is in the same position
"With all due respect, when you get to their age, they understand most things are on one-year deals or rolling contracts.
"Both of them have been excellent and I'd have no qualms recommending to the board that we give them another year's contract.
"Phil and Sylvain are both in the same boat. I've not really sat and had a word with the chairman yet, we'll probably do that after the new year and see if we are ready to give them a new contract."
Although Neville is well down the path of taking his coaching badges he is keen to extend his playing career.
"I want to keep playing for as long as I can - at least one more year at the top level if I can," he said.
"I still have ambitions. For instance, I've always wanted to sample playing abroad, a different culture and different life-experience for all the family.
"Time's running out, I know, and if the gaffer comes to me in January and wants me to stay another year then the decision's made for me."