The Gunners have been proactive during the first half of the summer transfer window in finding destinations for some of their fringe crop of players.
Nuno Tavares and Albert Sambi Lokonga have each departed the Emirates Stadium with options in place for permanent transfers to Lazio and Sevilla to occur at the end of the season.
As a result, the North Londoners have reduced their outgoings for the upcoming campaign and put plans in place to bolster their financial position with the relevant regulations in the future.
Other players, such as Emile Smith Rowe, could be sold in due course to give Arsenal an immediate boost with regards to freeing up funds for the next five weeks of transfer activity.
However, in the case of fellow backup playmaker Nelson, it appears that a loan exit may be the route that is taken.
Leicester pushing for Nelson deal
According to transfer expert Fabrizio Romano, Leicester have instigated discussions with their Arsenal counterparts regarding a deal for the winger.
The Foxes are allegedly happy to commit to terms which include an obligation to buy on a permanent basis come the end of 2024-25.
Nelson is familiar with new Leicester head coach Steve Cooper, who handed him his first ever appearance in an England shirt when in charge of the Under-16s.
That factor has reportedly left the Championship winners feeling confident that the 24-year-old will place trust in his former boss to help him kick-start his career.
Ideal transfer for all concerned?
Nelson may have been used on 24 occasions by Mikel Arteta last season, but he racked up just 631 minutes of football during those outings.
Just 257 minutes came in the Premier League, with only 202 being accumulated in the previous campaign, and there is an acceptance that he needs to move elsewhere.
Leicester have made some shrewd additions ahead of their return to the Premier League, adding the likes of centre-back Caleb Okoli and experienced attacker Bobby Decordova-Reid to their ranks.
Abdul Fatawu has also had his loan move from Sporting Lisbon converted into a permanent stay, but Cooper remains in desperate need of proven quality in the final third.