Here are all the top transfer-related stories and other football headlines in Wednesday's newspapers...
Arsenal have increased their offer for Borussia Dortmund striker Pierre-Emerick Aubameyang to a potential club record of £50million. (Bild)
It’s still less than Dortmund’s £60m valuation, but the Gunners have reportedly told the German club they have 48 hours to conclude the deal. (The Times)
It is claimed French striker Olivier Giroud, 31, has also been part of the negotiations as part of a potential player swap. (Daily Mail)
Meanwhile, Aubameyang sent Arsenal fans into a spin with a tweet on Tuesday that was perceived to hint at a deal.