Finally paying off the Emirates debt as Arsene Wenger departed the club in 2018, the Gunners began spending, landing the Borussia Dortmund and Lyon hot-shots to much fanfare.
However, despite the pair hitting the ground running, things have recently dwindled, with the attacking impetus at the club being shifted over to youngsters like Bukayo Saka and Emile Smith Rowe.
With both strikers now in their 30s, links continue to increase to a pair of potential replacements who could shake things up at the Emirates.
England international Dominic Calvert-Lewin could be the perfect candidate to bring a new dynamic to Arsenal, with the Everton No.9 repeatedly starring in the gossip columns.
Calvert-Lewin hit new heights in the Premier League last season, and was at times unplayable, with his 16 goals earning him a spot in Gareth Southgate's Euro 2020 squad.
Having only made a brief tournament appearance for the Three Lions, the 24-year-old striker was back to his best to start the domestic campaign with three goals in three games, but has since been missing with a thigh injury.
That hasn't stopped the Arsenal links, though, with Mikel Arteta eying a 2022 deal for not only Calvert-Lewin, but also a potentially perfect foil.
Arsenal have become big fans of French side Lille's scouting in recent years, having shedded out almost £100million to secure Nicolas Pepe and Gabriel Magalhaes, and they may soon send even more cash over to the north of France.
Canadian striker Jonathan David continues to improve game-by-game, following up a 13 goal league-winning campaign last season with 10 goals already this term.
At just 21-years-old David already looks like he has potential to be one of Europe's leading forwards, and Arsenal are reportedly keen on a move.
There's plenty of debate over Arteta's current line-up with Nuno Tavares and Kieran Tierney battling it out at left back, and Thomas Partey hitting a rough patch of form.
But as Arsenal have shown in recent years, they're not afraid to splash the cash, and here's how that could look if they manage to refresh their front-line.