ARSENAL TRANSFER NEWS LIVE
Wednesday 7 June
05:30: Barcelona have reduced Arda Turan’s asking price to just £19million, according to reports.
The La Liga giants rejected a £45.5million January bid from China and have valued him at around £26m ever since.
However, Spanish newspaper Marca claim Barca are keen to get him off their books this summer and have cut his asking price as a result.
This will come as a boost for Arsene Wenger, who is keen to bolster his ranks ahead of next season.
03:30: David Seaman has welcomed the signing of Manchester City keeper Joe Hart for Arsenal.
"Top clubs will be after [Hart] but it's going to be a chain reaction because there's all the speculation about David de Gea, whether he goes to Real Madrid or not," Seaman told Omnisport.
"If that happens there'll be movement and at the moment it's hard to see where Joe might end up, but if he came to Arsenal I'd be quite happy with that.
"But I don't think that would be the position that Joe's looking for you know, to be in competition with someone. I think he wants to go to a club and be their number one."
Arsene Wenger has held talks with Lyon chief over the signing of Alexandre Lacazette
Arsenal Transfer News LIVE
01:50: Arsenal have reportedly stepped up their pursuit of Lyon striker Alexandre Lacazette.
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Arsene Wenger is keen to land a marquee striker as he bids to kick start a new era the Emirates after signing a two-year contract extension.
And The Sun claim Wenger has held talks with Lyon president Jean-Michael Aulas this week over a £50million transfer.
This would make him the club’s record signing as Wenger looks to spend big this summer.
The report adds Lacazette has been promised a £200,000-a-week contract.
01:30: Mesut Ozil has declared his admiration for Schalke amid doubt over his future at Arsenal.
"Schalke is my absolute favourite club, I’m still a big fan," Ozil told Funke Media Group.
"After all, I grew up with Schalke.
"In terms of potential, Schalke is the number three for me in Germany after Bayern Munich and Borussia Dortmund.
"They have wonderful fans and a great stadium. It is a pity that they are stuck in mediocrity. This fantastic club deserves more."
Arsenal transfers: Most likely summer deals Wed, May 31, 2017
Express Sport takes a look at the most likely summer signings Arsenal might secure according to the bookmakers (odds provided by Paddy Power)
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Who is Arsene Wenger tipped to sign this summer?
01:10: Lucas Perez has been offered a £3million-a-season contract by Turkish giants Fenerbahce, according to reports.
The Arsenal striker has made failed to make his mark following his £17m move from Deportivo La Coruna last summer.
And Turkish outlet AMK claim he has been offered a way out of the Emirates by Fenerbahce with the club in advanced talks over a transfer.
Perez made just 11 Premier League appearances for Arsenal last season and scored one goal.