Just been announced Vardy to sign a new contract at Leicester. Fair enough, most Arsenal fans were on the fence about him any way.
Apparently (Sky) have the most likely alternative as 'Lukaku' - I can see the thinking, he's similar to Giroud, a battering ram with better mobility and pace, and goals record has improved each season and he scored 25 (all competitions) last. I doubt we'll get him though, he's been saying for awhile he wants to go back to Chelsea.
Mahrez is still on the radar, though with Vardy deciding to stay that move looks a little less likely.
Ezequiel Garay: CB (Zenit) - Lots of clubs in for him inc Utd and Inter. I don't see Wenger fighting to get him when there are a few CB's around.