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Arsenal January transfer news LIVE: Arsenal risk losing Nelson

Arsenal teenager Reiss Nelson is being chased by Paris Saint-Germain and Real Madrid, claims the Daily Mail .

The 18-year-old is out of contract next year and there has yet to be agreement over a long-term deal for the winger to stay at the Emirates Stadium.

The situation has led to PSG and Madrid taking an interest, while rival Premier League clubs are also keeping a watching brief.

Pierre-Emerick Aubameyang Borussia Dortmund.jpg

Tuesday will be an important day for Arsenal's pursuit of Pierre-Emerick Aubameyang, according to Sky Sports reporter Guillem Balague .