The player is also considering his options
The Gunners finished sixth in the Premier League last season and will miss the Champions League next season. The Spaniard has been charged with the task of returning the club to the European elite while challenging for major honours.
It has been a busy transfer for the Premier League giants, as the new boss has brought in new five players, reinforcing the particular areas which needed strengthening to compete for major silverware next season.
Lucas Torreira from Sampdoria, Matteo Guendouzi from Lorient, Bernd Leno from Bayer Leverkusen, Sokratis Papastathopoulos from Borussia Dortmund and Stephan Lichtsteiner from Juventus.
Former PSG boss has prioritized signing a direct, fast winger and the club has been linked with a move for Barcelona ace Ousmane Dembele.
The France International joined the La Liga giants from Borussia Dortmund for a deal worth £135.5 million last summer. His outstanding displays in Germany caught the attention of the club and led them to pay such a hefty amount.
But the 21 year old struggled with injuries since the move and endured a mix season. He just managed to make 23 appearances in all competitions, scoring 4 goals and assisting 6.
The Winger has been linked with a summer exit and there was suggestions that he could also leave in order for more game time. The speculations further intensified when the Spanish side completed the signing of Malcolm.
Emery is planning a sensational move to bring the player to North London before the transfer window closes on Thursday.
According to reports in The Daily Express, Dembele is also considering his options after struggling in La Liga last season.