Barca have already signed Andreas Christensen, Franck Kessie and Raphinha despite financial difficulties for the LaLiga side.
Xavi's side have also struck an agreement to bring Bayern Munich star Robert Lewandowski to Camp Nou for a reported €50million, including add-ons.
Ousmane Dembele has penned a contract extension with Barca as well, but the Blaugrana's spending looks set to continue with the Catalan giants reportedly on the brink of purchasing Kounde from Sevilla.
Chelsea and Manchester City have also been linked with the in-demand France centre-back, who Sevilla coach Julen Lopetegui appears resigned to losing.
With Gerard Pique, Eric Garcia, Christensen and potentially Kounde as competition, Araujo suggested he wants the best for Barca to compete, and will welcome any addition to Xavi's squad.
Asked about Kounde after training on Barca's pre-season tour of the United States, the Uruguay international responded: "He is a great player; the best players being at Barca is good for the group.
"They know what I can contribute, my characteristics; what I want is for us to have the best possible team.
"Competition is always good in football because it makes you get the best of you, and players arrive who can contribute. I always say that I want the best for Barca, and that they add to the team."
As for Dembele's extension and the new arrivals, Araujo was quick to express his delight as Barca prepare to challenge Real Madrid for the LaLiga title.
"We all wanted Ousmane to continue in the team," he added. "We know [Lewandowski's] quality; it is tremendous that he is with us.
"Raphinha, Christensen, Kessie also arrived. It's important that good players arrive to continue growing as a team."
Barcelona face friendlies against Inter Miami, Real Madrid, Juventus and New York Red Bulls before their LaLiga opener against Rayo Vallecano on August 13, and Araujo stressed the importance of pre-season.
"It is important to have a good pre-season, at a tactical and physical level. I think it's going to be a nice season," he continued. "It's important to win titles for the group, but you have to go step by step."
Dembele was told he could leave Barca in January after refusing to sign a new contract.
However, no clubs came in for the former Borussia Dortmund attacker, who will instead see out the remaining months of his deal at Camp Nou and looks set to leave on a free.
TOP STORY – UNITED ARE DEMBELE'S ONLY SUITORS
According to Spanish newspaper Sport, Dembele's options for when he leaves Barca are limited. In fact, the report claims that United are now the only team interested in the France international.
Paris Saint-Germain and Chelsea were among the clubs reported to hold an interest in the 24-year-old previously.
However, according to Sport's report, United are in a queue of one as it stands.
ROUND-UP
- Tottenham are now the favourites to sign Nottingham Forest's Middlesbrough loanee Djed Spence, ahead of Arsenal and Bayern Munich, Goal reports.
- Journalist Raffaele Auriemma told TeleClubItalia that Fabian Ruiz is likely to leave Napoli at the end of the season and that Arsenal have made a proposal.
- AS, meanwhile, believes that Barcelona could look to sign left-back Alex Moreno from Real Betis ahead of next season.
- Another defender who looks set to join Barcelona is Andreas Christensen. Fabrizio Romano reports that a deal is close for the centre-back to join on a free from Chelsea.
- Fichajesreports that Real Madrid could become involved in a three-way tussle with Barca and Arsenal for Lille forward Jonathan David.
The Paris Saint-Germain forward has stalled on signing a new deal with the French giants.
Madrid have long courted Mbappe with a view to signing him, but PSG remain determined to keep their man.
TOP STORY – PSG RE-ENTER TALKS WITH MBAPPE
PSG have launched a determined attempt to retain Mbappe after making the France frontman a new contract offer, claims Telefoot.
The Parisians are said to have offered Mbappe a massive two-year deal to fight off attempts to woo him by Real Madrid.
Mbappe is reported to be unwilling to make a decision yet and could let his contract expire. It runs only until the end of June.
ROUND-UP
- La Repubblica reports Arsenal are closing in on a deal for Serbian striker Dusan Vlahovic, with Fiorentina said to be considering accepting a £58million offer from the Gunners.
- Italian journalist Fabrizio Romano claims both Barcelona and Bayern Munich are keen to sign Chelsea defender Andreas Christensen at the season's end.
- Manchester United are interested in Inter head coach Simone Inzaghitaking over as their manager next season, according to Corriere dello Sport.
- Southampton have contacted Manchester United about signing goalkeeper Dean Henderson, reports Football Insider. Saints also want to sign Chelsea's Armando Broja permanently but will stiff competition, claims Sky Sports.
- Lille are pursuing former Newcastle United winger Hatem Ben Arfa, reports L'Equipe. Ben Arfa left Bordeaux at the end of last season.