Arsene Wenger's side will finally get their much needed centre-back and striker reinforcements after a summer of rejections and disappointments.
Arsenal have agreed deals to sign Deportivo striker Lucas Perez and Valencia defender Shkodran Mustafi and expect both players to undergo a medical on Friday, Goal understands.
Gunners officials have been working throughout the summer in a bid to strengthen an injury-ravaged defence and limited forward line and an agreement has finally been reached to bring in two of La Liga's top performers in 2015-16.
Perez, 27, scored 17 league goals last season and was scouted several times by Arsenal, who originally opted to bid for Jamie Vardy instead.
