the squid, djourou, perhaps rosicky as wilshere will be back.
Chamakh is actually pretty good in FM (at least he was in FM11 for me), so I'd hold on to him.
As above Squid, DIaby. Chamakh was good in my first season second season i had to let him go for 3 goals in 15 matches.
After first season is out players like Bendtner,Vela,Denilson,Wellington SIlva are back and you could sell them off also.
Loan out Chamberlain, Miyachi,Frimmpong,Coquelin if u are nmot rotating them in ur team
Sell Chamakh and keep Vela , for who never used him he is awesome...use him as back-up for Van Persie at least...in fm11 after season 3 he was scoring at least 30/season...
Chamakh is terrible for me he just WONT score, its definitely not my tactics as I got Bendtner to score more than 25 goals in my second season. In FM11 Chamakh is a better player but his stats have not dropped drastically.