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January transfer news & rumours: Arsenal won't budge on €40 million Benzema bid

Arsenal will not offer more than €40 million to sign Real Madrid striker Karim Benzema at the end of the season, claims Don Balon .

Madrid president Florentino Perez is reportedly ready to cut his losses on Benzema, with Arsenal rumoured to have already made a €40m bid for the Frenchman.

Perez values Benzema at significantly more, but the likes of Arsenal, who are expected to be in the market for a replacement for Alexis Sanchez, will not go higher than €40m.

Paulo Dybala Juventus

Manchester United manager Jose Mourinho is confident that £60 million will be enough to sign Juventus star Paulo Dybala next summer, according to the Daily Star .