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Transfer gossip: Arsenal want £45m Brazilian star to replace Sanchez, Firmino in line for new Liverpool deal

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Here are the top transfer-related stories in Thursday's newspapers and online…

Arsene Wenger has targeted £45million-rated Brazilian star Malcom to replace Alexis Sanchez. Manchester City have held discussions with Arsenal over signing Sanchez this month, but have been told the Gunners want a replacement before they will sanction any move. Boss Wenger has Bordeaux forward Malcom on his radar and Arsenal have held talks with the French club about signing the 20-year-old this month, amid rival interest from Tottenham and Manchester United.