3 players who could leave Arsenal in January in £120 million fire sale

Without sounding like an old reflective relative, it doesn't seem like yesterday since the summer transfer window was closing after Arsenal brought in the likes of Christos Tzolis, Ezri Konsa and Bruno Guimaraes. But we are slowly closing in on the January window already.

As the Gunners went into the second international break with a 1-0 win against Hull City, Mikel Arteta will already be thinking about his plans for the winter window, whether that be incomings or outgoings.

Arsenal have one of the deepest squads in the Premier League, which is great for the club, but not always great for the individual players. Several names haven't been getting the minutes they would have wanted, and according to fresh reports in Spain, it could drive Arsenal to sell three players in January.

According to Spanish outlet AS, the Gunners could sell three players, worth an estimated £120 million, which could help them fund a couple of crucial deals for the second half of the season. Seeing as Arsenal spent almost £200m in the summer, a fire sale could be likely. Here are three players that the Gunners could see departing in January...

Zubimendi was a fantastic signing for Arsenal last season, as he added solidity and control to a midfield which really lacked that third name alongside Declan Rice and Martin Odegaard. The Spanish international made 57 appearances in all competitions last year, scoring six goals, and providing three assists.

However, this year has been different. Because of the Guimaraes signing, Zubimendi's minutes have drastically decreased, and the 27-year-old has become less of a starter and more of a bench option for Arteta in the space of one summer.

If he gets cold feet and wants more game time, a move back to La Liga seems likely for Zubimendi. It would be a shame to see him leave, but at 27, he still has good transfer value, which will only decrease over the next couple of years.

Merino is a similar case in point, although he's only ever been a regular starter when Arsenal have suffered injuries. His versatility is his biggest strength, as he can be a physical midfielder whilst also providing attacking returns, as we saw last year when he had to start as the number nine.

This year, Merino has started in just one Premier League game and is yet to score or assist in the league. He is less of an impact sub than he was last season, and could decide to push for a move in search of more regular first-team football.

This seems a less likely move, simply because of Arsenal's lack of depth at the striker position, however, if Gyokeres were to leave, it could open the door for the Gunners to spend the profits on a replacement.

The Sweden international hasn't hit the ground running in the Premier League this season, and despite an upturn in form in the Champions League, Arteta seems yet to trust him fully to start, as Kai Havertz remains his preferred option up top.

Gyokeres could provide a solid transfer return, although the Gunners would likely drive a hard bargain considering they paid £55m for him in July 2025.