Britain Football Soccer - Arsenal v Liverpool - Premier League - Emirates Stadium - 14/8/16. Arsenal manager Arsene Wenger celebrates their first goal . Action Images via Reuters / Tony O'Brien
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Title rivals Manchester United and Manchester City have moved decisively and ambitiously in the market over the close season, spending over 320 million pounds ($421.25 million).Arsenal have made one significant signing, adding Switzerland midfielder Granit Xhaka from Borussia Moenchengladbach for 30 million pounds ($39.49 million).Their defense was found wanting in Sunday's 4-3 Premier League defeat by Liverpool as a backline including youngsters Rob Holding and Calum Chambers was exposed, prompting grumbles of discontent among Arsenal fans with the club again looking ill prepared for a title challenge.Arsenal are interested by Valencia defender Shkodran Mustafi, according to reports in the British media, but Wenger refused to reveal any specific transfer targets.
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