Arsenal have this afternoon announced that three of their current squad will be released at the end of their contracts on June 30th.

Creative midfielder Andrei Arshavin, defensive midfielder Denilson and center back Sebastien Squillaci will all head for the exit door at the Emirates Stadium this summer looking for pastures new.

All three players have fallen out of favour at the Gunners over the past season and manager Arsene Wenger will utilise the saving in wages to try and entice players such as Stevan Jovetic to the club.

Russian International, Arshavin, has spent the last four years at the club after his £15 million move from Zenit St. Petersburg and has failed to live up to the high expectations of a player who took Euro 2008 by storm. The talented forward has considered retiring, although it looks likely he will continue to play on back in his home country.

Meanwhile Denilson has been back in his native Brazil since 2011 on loan at Sao Paulo, with a permanent transfer looking likely to the club once his contract ends. The midfielder has been with the London side since 2006, although hasn’t featured under Wenger for two years.

Finally, forgotten center half Sebastien Squillaci is the final name to be leaving the Emirates, with the former French International being left out of the match-day squad for the last two seasons, amassing a total of 9 minutes in that time on the playing field.

All three won’t be missed next season, and it will allow the club to finally invest in the squad to compete once again for the Premier League title next season.