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Arsenal Transfer News: Gunners Hold Raheem Sterling 'Advantage,' Latest Rumours

Arsenal reportedly have an edge in the pursuit of Liverpool forward Raheem Sterling, but Theo Walcott could play a key role in any potential deal.

According to John Cross of the Daily Mirror, being situated in London could see the Reds starlet opt for a move to the Gunners over some other illustrious Premier League sides:

Manchester City are prepared to launch a huge bid to sign Sterling but Arsenal and Chelsea believe the appeal of London - where he grew up as a young player at QPR - could give them an advantage.