In addition to Arsenal, who is hosting the event at the Emirates Stadium, two other European leading clubs, Valence and Benfica, will also participate.
AS Monaco will kick-off the tournament against Valencia at 14.00 hours (UK time), 15.00 hours (CET) on Saturday 2 August. On Sunday 3 August, AS Monaco will bring the tournament to a close against Arsenal, kick-off 16.20 hours (UK time) 17.20 hours (CET).
This will be the seventh staging of the Emirates Cup, which has become a classic in the pre-season schedule.
Saturday, August 2nd 2014
3:00 (CET) : AS Monaco - Valencia CF
5:20 (CET) : Arsenal - Benfica
Sunday, August 3rd 2014
3:00 (CET) : Benfica - Valencia CF
5:20 (CET) : Arsenal - AS Monaco
Teams will be awarded three points for a win and one point for a draw. The competition also rewards attacking play, with teams being awarded one point for each goal they score. In addition, shots on target will be taken into account and will be used to decide the tournament winners if teams are level on points and goal difference, with the winning team being presented with the Emirates Cup trophy after the second match on Sunday, August 3.