This would be a huge team boost for Arsenal, Rice deal almost done, Kai Havertz have already completed medicals and he will be wearing the same number he wore in chelsea(29). Arsenal spending so much on players now really amazes me, they have never done this before and that was the main reason they lost Mudryk to chelsea, they felt shaktar was asking for too much for the player and they became reluctant then chelsea hijacked the deal
Arsenal hasn't spent much on signing players before, which means they are learning to do it now since they don't have to take chances again to allow what happened to them last season to repeat itself by next season. It is better as they are pumping money into their team to sign quality players.
Premier League is highly competitive. If a club doesn't invest a lot of money to boost its team, no trophy for them. That's why every team in the premier league is doing its best to sign in quality players in their team no matter the amount charged for the player.
Nice move Arsenal, for signing Kai Havertz and Rice(soon-to-be Arsenal player)