Arsenal manager Arsene Wenger has confirmed the club will add two new players in the January transfer window.
With Arsenal struggling to keep pace in the English Premier League, there have been widespread calls for the Gunners to bring in reinforcements, with Arsenal reportedly having a considerable budget to buy new players when the window reopens at the turn of the year.
Schalke's Klaas-Jan Huntelaar has been heavily linked, with the Gunners seen as the frontrunners for the Dutch international's signature.
"According to the information I have, Huntelaar will be gone in the winter," former Dutch striker Erik Meijer, who has the same agent as Huntelaar, said earlier this month. "Arsenal FC are the favourites to land him."
Along with Huntelaar, Arsenal have also been linked with the likes of Edinson Cvanai, Adrian Lopez, Fernando Llorente, Mario Gotze, Wilfried Zaha and Lewis Holtby, to name just a few.
Speculation will continue to rumble on the identities of the new faces that Wenger has earmarked, but the Arsenal manager confirmed he will definitely be in the market for new faces.
"This winter we will work very hard because we have some funds available," Wenger told Bein Sport.
"It could happen that we buy two players, but I cannot reveal the names."
The Arsenal manager also admitted a loan move for legend Thierry Henry was possible. Arsenal's record goalscorer is currently training with the Gunners, in a bid to keep fit during the MLS offseason.
"A loan is still a possibility, but we will still try to strengthen for the long term.
"Henry is the talent that you dream to have. He has fantastic physique, fantastic technique, a fantastic brain, all built together in one man. At the start he was not confident enough but he has gone on to show what a great player he is."
Arsenal also responded to reports that players were set for a pay cut, if they fail to qualify for the Champions League.
"Each player has an individual contract which contains elements of performance-related payments, which are linked to a player's individual contribution and also to the club's progress in both domestic and European competitions," an Arsenal spokesman said.
"This is normal practice across football clubs."
In reality it is just the performance-related bonuses that the players would miss out on, and not their actual wages.