Toney? it must be joking from the author's right? Im not even thinking that if toney is worth to buy especially when brentford valued him 100 millions. What in the hell is this? It will be so damn stupid if arteta will be buying toney from brentford. I would rather get osimhen if arsenal is willing to spend 100m for a striker.
I have heard that if there have been some names linked to the arsenal. It will be benjamin sesko and gyokeres but it's not yet clear whether arsenal is really targeting these names. Arteta made no comment regarding this and it seems he is still putting all of his focus on to the title race against city and liverpool.
I haven't heard of their interest in Sesko but there are rumours linking them with Gyökeres. However Gyökeres has a release clause like 100 million euros. I don't think Sporting would like to let him go below this price.

If Brentford want 100 million euros for Ivan Toney then Arsenal will make a choice between them (if we consider these players are prioritizied). Both of them are really capable strikers but Toney's illegal betting scandal wouldn't be forgotten easily. Arteta shouldn't be in a hurry while making a striker transfer and I assume he won't. The squad is already very productive about scoring goals. Making the right striker choice would make their attacking line even more deadly.

You're obviously missing it. This rumor has been in circulation since last year and im also mentioning this article as my evident
https://onefootball.com/es/noticias/major-update-emerges-on-benjamin-sesko-joining-arsenal-38511794Arsenal has expressed interest in getting him, but Sesko was still willing to play for Leipzig. What's the difference with Toney, then? Brentford was also pricing Toney like Sporting did to the Gyokeres. If I were Arsenal, I would patiently search for a good striker. It's all about how we will manage our budget efficiently.
Arteta has spent so much money to build the current squad, but it seems insufficient for the gunner because the two strikers are performing inconsistently this season. Another option is probably Vlahovic from Juventus, but I don't think that he will be fit for arsenal's gameplay.
Sesko is still possible to get and he has cheaper price compared to the gyokeres and toney. Toney's comeback was not so good. The only possible thing for arsenal to sell nketiah first then used the money raised from selling him to buy toney.