Lemar has been identified as the prime option to bolster the wide positions, but his involvement in the crunch World Cup qualifier against the Netherlands has seemingly ended the club's interest.More news: Windies pull off magnificent win after Hope ton
But the failure to bring Lemar in was just one of a number of shortcomings for Arsenal in the window.
Sources on Thursday said the Gunners had accepted an offer of £55 million plus a further £5m in add-ons for Sanchez, but the deal was dependent on Arsenal finding a replacement.
It wasn't all bad for Arsenal, who managed to hold on to their most prized possession, Sanchez.More news: US Open to Dialogue Despite N. Korea's Provocation
Both players were instrumental in winning the French title with Monaco last season, their first league win since 2000. "I was focused on my game, that's all that mattered to me".
Punters think the Gunners will move again for the Monaco winger if they sell their wantaway star player to Man City.More news: Nursing home residents rescued from waist-deep flood water
"I know we live in an era of transparency but at some stage to respect everybody you have to not talk too much about that".