Arsenal have seen an initial bid for Porto midfielder Danilo Pereira rejected, according to the latest reports, while it's emerged the Gunners could be "prepared to sell" Alex Oxlade-Chamberlain.
Portuguese newspaper Correio de Manha reported Arsenal will be expected to increase their offer for Danilo if they hope to sign the player, with Porto demanding his £31.7 million release clause be triggered (h/t Metro's Mark Brus).

It's long been held aged trio Mikel Arteta, 34, Tomas Rosicky, 35, and Mathieu Flamini, 32, will leave the Emirates Stadium this summer, and engine-room reinforcements will be required should they take their leave.