Chelsea goalkeeper Petr Cech and midfielder Charly Musonda are both expected to be at the Emirates next season.
The 33-year-old goalkeeper has agreed personal terms to join the Gunners after deciding to leave Chelsea at the end of last season.
Musonda, 18, confirmed that he is aware of rumoured interest from Arsenal and that he is ready to leave the Blues to enjoy first-team football in Arsene Wenger's squad.
"I'm also well aware of the news, nothing has been done yet," Musonda is quoted as saying by Metro.
"I will reflect personally with my family and agent and come to a conclusion that hopefully benefits the continuity of my progression.
"I'm looking forward to playing football next year."
In January, the youngster's father, Charly Musonda senior, confirmed that Chelsea cannot guarantee regular football to his son and that he should leave in the summer.
"Charly must absolutely leave Chelsea and, since January, Monaco have been trying to sign him," his father told La Dernière Heure.
"Monaco are not alone, but they truly want him.
"He's not had a specific discussion with Jose Mourinho yet, but he's trained regularly with the first team.
"Chelsea don't want him to go back to Belgium. They want Charly to play in a good team in a big league. He must play for a first team."