Maybe it's not too loud about the transfer of players that Arsenal will carry out, but in fact Arsenal have already negotiated with Bologna with their player Calafiori regarding Arsenal's interest in the Italian player and he quite stole Arsenal's attention in the Euro Cup yesterday. However, Arsenal is not alone in that Liverpool also wants this player to hijack Arsenal, Arsenal have not yet found any clarity regarding this player because Calafiori there are also rumors that Bologna is preparing to bring Calafiori in the pre-season match, so it is very likely that Arsenal will hunt for this player in vain.
There is no transfer agreement between the two teams, Bologna wants a very large dowry so Arsenal cannot afford this.
It is possible that this transfer will not be realized if we look at Bologna's management who are not too serious about handling this and they don't seem to want to sell Riccardo Calafiori.
Riccardo Calafiori is a young player who has quite a lot of potential, so it's only natural that several teams are interested in signing him, but Bologna's management set the market price too expensively, and it's not worth it for Riccardo Calafiori.