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Arsenal Transfer News: Latest Rumours on Alex Oxlade-Chamberlain and Rob Holding

Manchester City are reportedly ready to ignore Arsenal manager Arsene Wenger'a warnings and make an offer for Alex Oxlade-Chamberlain next month. Meanwhile, centre-back Rob Holding will be allowed to leave the club on loan.

According to The Sun's Mike McGrath, the Citizens are hunting a £25 million move for Oxlade-Chamberlain, who has just over 18 months remaining on his contract and is yet to be handed a new deal at the Emirates Stadium.

City manager Pep Guardiola has been linked with a move for the former Southampton winger in the past, and McGrath mentioned in his report that Oxlade-Chamberlain is set to "assess all his options next month.