Summer 2012 needs to see a change in direction in Arsenal's transfer policy. Out must go this incessant desire to collect 15-16 year olds from around the world and expect and hope that they will develop.

Arsenal have many youngsters in the reserves or on loan for whom the time is ripe for them to be given their chance.

Over the last few seasons Arsene Wenger has gathered an assortment of players, paid them good wages and has waited for them to deliver. Unfortunately, they have not delivered the goods nor have they developed into the world class players we thought they would turn into.

For a few transfer windows we have been expecting these players to be sold, but the ridiculous wages, for their limited wages has meant we have not been able to get rid of these deadwood players.

In May of 2011, a sort of palace coup was engineered at the Emirates with the two remaining substantial shareholdings of Danny Fiszman and Lady Nina Bracewell-Smith going to Stan Kroenke and in effect Kroenke was anointed the new "emperor" of Arsenal Football Club. Except the Russian billionaire Alisher Usmanov refused to play ball and increased his holding in the club too!

Arsenal has suffered some terrible bad luck with defensive injuries this season. We lost Sagna, Gibbs and Jenkinson all with a 17 days in October, but the loss that has hurt us most was the loss of Santos in December. Santos was an attacking full-back and gave us extra attacking options something that has been lacking in recent weeks.

The Arsenal board and Wenger have constantly talked about the UEFA Financial Fair Play rules and how the Arsenal model is the model other clubs are striving for (financially if not trophy wise). Arsenal are of the opinion that our prudence in the transfer market will eventually ensure we are a successful club both on and off the field.

Well the transfer window closed last night and unlike windows of the past, Arsenal were doing business all the way until it slammed shut. Four players were confirmed last night as having signed, with Park announced the day before. It was clear from the start of the season that Wenger had to act to change our fortunes and only time will tell if Le Professor has bought correctly.

Transfer deadline day looms and Arsenal are still in the market for midfielders, this is not idle blog gossip but Arsene Wenger stated we are short of players in this area. This became self-evident in recent games were the creativity has been left to Rosicky and his best days are behind him.

Today is a day we will all go mad in following rumours and tweets.

It appears that both Park and Santos have been signed subject to work permits, which we need confirmed today.

Arsenal are in advance talks with long-term transfer target Per Mertesacker from Werder Bremen, with a fee in the regions of €10M having been agreed. Mertesacker is 6' 6", which will help us at both ends at set pieces.

The 8-2 defeat at the weekend has forced Wenger into the transfer market, rumours are flying around everywhere.

Two deals that are virtually done will Park Chu Young join Arsenal from AS Monaco. Park is South Korea's captain and a striker who does not have an impressive record in club football.

After yesterday's debacle, it is time to take a step back and see where we are, how did we get he and what the future holds. There is no point in analysing yesterday's match, it is certified XXX in the minds of all Arsenal fans.

We all knew it was not going to be an easy match but the roots of the result go back, probably two or three seasons ago.

After yesterday's debacle, it is time to take a step back and see where we are, how did we get he and what the future holds. There is no point in analysing yesterday's match, it is certified XXX in the minds of all Arsenal fans.

We all knew it was not going to be an easy match but the roots of the result go back, probably two or three seasons ago.

Two days after the drama of Italy Arsenal fans can breathe a sigh of relief. Our Champions League group has us in an awkward group with Borrusia Dortmund, the German champions, Olympiakos (Greek Champions) and Marseilles. Qualification will not be straight forward, but it never is for Arsenal even when we win our first three games it goes down to the wire!

Nasri leaves for £24M, to add to the departures of Cesc £35M, Eboue £4M and Clichy £7M. That is £70M so far, with Bendtner (£9M), Arshavin (£7M) , Squillaci (£1M) and Almunia (Free) to follow. Arsene's total sales could generate nearly £87M. Yes Arsenal fans look at that number £87M generated through sales this summer.

Following Saturday's performance, we were slightly buoyed yesterday to be linked with Arteta, Kaka and M'Vila. Wenger has also gone on record that we are looking bringing in experience and we are looking at a couple of buys, this was however qualified with the usual, we are not near bringing in any players yet.

The next three matches are the most important matches in Arsene's time at Arsenal. Never has an Arsenal team been so short of quality players and never has our season hung on thread so early. Three defeats and the fans will be calling for Arsene's head, three undefeated games and Arsene will have bought time to restructure the squad.

At the end of last season we heard that this was going to be a busy transfer window, Arsene Wenger had stated that we lacked some experience, we were weak in defence and all Arsenal fans cheered. At last Le Boss was prepared to spend money to resolve our defensive weaknesses both at the back and in midfield.

All media outlets appear to be suggesting that Juan Mata should sign sometime in the next 48 hours, which is great news. Also confirmed by our Chairman and this is a rarity, Arsenal never comment on transfer news and every time Hill-Wood speaks it is to say something against the existing players, Arsenal have made an offer for Jagielka.

As we approach the Emirates Cup and Wenger's self -imposed timescale for transfers, there are favourable rumblings.

One of Spain's leading sports newspapers Marca is quoted as saying that Arsenal are close to finalising a deal for the Valencia winger Juan Mata. The deal is being held up as Tottenham, surprise, have launched a late bid.

When the season came to a close, Arsene stated that we needed a bit more strength and experience in the squad, in particular in defence. The old sage has since enlightened us with the fact that he will be busy this summer, this was then refined that most business will be done at the end of July .

Saturday morning brings about more transfer rumours, speculation and heart-ache for Arsenal fans.

Samir Nasri is reported to have rejected Arsenal's new offer of £115K a week. This is on the back of some newspaper reports stating that Nasri's representatives having agreed a deal withManchesterCity.

The pre-season tour to the Far East is over and we are entering the transfer season. Wenger told us that clubs will wait until the end of the month to make their moves and Wenger will be one of those. Ivan Gazidis said he spent the week in the Far East to discuss Arsenal's transfer strategy with the boss.

Wenger made a bold statement on Monday; Nasri is not going anywhere this summer. When asked whether he was going to sign a new contract, Wenger said he hopes so but it is not up to Wenger. We have, reportedly, on the table offers from Manchester City and Manchester United in the region of £20M; in addition there is interest from Italy.

The annual exodus form the Arsenal playing staff is about to start with Cesc ready to seal a £40M transfer to Barcelona this weekend. This is not a major surprise, but will he be greeted on his return as Vieira, Toure and Henry were, or will it be another Anelka, Adebayor return?

Manchester City are rumoured to be on the verge of signing Clichy for £7M.

Due to the constant speculation and rumors that Gael Clichy won't renew his contract and will leave this summer, OTP has decided to help out Arsene Wenger with a list of possible Clichy replacements. These suggestions and possibilities are based on how heavily they're linked to the Gunners and, of course, their ability and quality.

Sunday, Sunday, the red tops are full of more rumours and transfer stories, so much contradiction it makes you want to scream.

The People are reporting that Samir Nasri is not after £110K a week as previously reported but a staggering £160K a week. Well Samir if this is the case then it will be thanks for the memories but good-bye.

The Daily Mail claim that Arsenal are closing in on securing the £5m purchase of Southampton midfielder Alex Oxlade-Chamberlain in a surprise move to prevent rivals Man United and Liverpool from getting their hands on the youngster. The move would come as a massive surprise to fans after the focus has been on bolstering the center-back [.