ARSENAL are set to bid £25.6m for Lyon's Brazil Olympic midfielder Bruno Guimaraes, according to reports.
Meanwhile the Gunners are said to have had a bid of Alexandre Lacazette and Hector Bellerin in exchange for Lautaro Martinez rejected.
And we've got all the latest updates on Thomas Partey's injury.
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Arsenal have tried to swap Alexandre Lacazette and Hector Bellerin for Lautaro Martinez but Inter Milan turned them down.
That is according to SportMediaset, who claim the Gunners have opened talks for top target Lautaro but both Inter and the player are yet to be swayed.
To make matters worse, the Argentina international is not particularly keen on moving to the Premier League and wants to play in the Champions League next season.
The 23-year-old striker prefers a move to LaLiga and Real Madrid, Barcelona as well as Atletico Madrid have all shown interest in him
STATEMENT OF INTENT
Arsenal have made a "statement of intent" by signing Ben White from Brighton, according to former Gunners ace Perry Groves.
White joined the north Londoners for a whopping £50million during the summer transfer window.
Groves told talkSPORT: “I thought it was a statement of intent.
"And I think maybe there’s a few clubs – Arsenal being one included – where the owners are spending money now, where maybe they wouldn’t have spent it before we had the European Super League debacle"
LOC & LOAD
Chelsea could be set to hand Arsenal a major transfer boost in their bid to sign Sassuolo star Manuel Locatelli.
Reports from Italy suggest that Juventus are interested in Blues ace Tiemoue Bakayoko.
Bakayoko has fallen out of favour at Stamford Bridge in the last three years having been sent out on loan to the likes of AC Milan, Monaco and Napoli.
However, Locatelli still seems to prefer a move to Juve
Ben White has joined Arsenal from Brighton following a £50million deal between the two clubs.
White is among the Premier League's most highly-rated defenders and much is expected from him by the Gunners.
The north Londoners are expected to make some more moves as they still need an attacking midfielder and a striker.
But first they will have to raise some funds after missing out on European qualification
RAES IS ON
Arsenal are preparing an opening offer of €30 million (£25.6million) for Lyon star Bruno Guimaraes
According to Globo Esporte, Guimaraes is one of the Gunners' top midfield targets.
The north Londoners have held a long-standing interest in the 23-year-old and may renew their bid in the coming weeks.
Arsenal chief executive Edu reportedly attempted to land the Brazil international from Athletico Paranaense back in January 2020 but he opted to sign for the Ligue 1 outfit instead.
Arsenal star Thomas Partey suffered a suspected ankle injury in the first-half of the Gunners' 2-1 pre-season defeat to Chelsea on Sunday.
That means Partey is facing yet another lengthy spell in the sidelines following an injury-stricken debut campaign.
And according to Dr Rajpal Brar, DPT, the midfielder may be out for 4-6 weeks.
Arsenal are reportedly set to offload six players during the summer transfer window.
That is according to the Daily Express, who report that Hector Bellerin, Eddie Nketiah, Willian, Sead Kolasinac, Ainsley Maitland-Niles and Reiss Nelson could leave this month.
The Gunners are determined to add to their squad before the transfer window slams shut at the end of the month.
However, the north Londoners' manager Mikel Arteta will need to sell first in order to raise funds
Arsenal boss Mikel Arteta is not sure whether Joe Willock and Hector Bellerin are going to stay at the Emirates.
Willock has been linked with a move to Newcastle whereas Inter Milan are keen to sign Hector Bellerin.
Arteta said: "I don't know [about the future of Willock and Bellerin].
"He’s [Willock] a player that we rate and value so much, he’s a key member of our squad. He’s trained two days.
"He wanted to play today and I think it’s very clear commitment from his side that he wants to be here”
NEVER SAY NEVES
Arsenal target Ruben Neves has spoken to Wolves TV on new manager Bruno Lage and has hinted he is happy to stay at Molineux.
Neves said: “He’s a very good coach. I am really happy to work with him.
“I spoke with a few friends when he signed for Wolves – that were players in Benfica and are good friends of mine – and they said a lot of good things about him.
“I can see it now. He’s a very good coach with lots of good ideas. I think that when things are completely together, we’ll be a really hard team to beat”
OD MAN OUT
Real Madrid may sell Martin Odegaard during the summer transfer window.
That is according to Football London, who claim new Real boss Carlo Ancelotti has some doubts about Odegaard's role in the team.
The attacking midfielder wants to stay and fight for a place in Ancelotti's starting line-up but it seems like the Italian will continue with Toni Kroos, Casemiro and Luka Modric in the middle of the park.
The Norway international spent the second half of last season on loan at the Gunners, who wish to sign him on a permanent basis
RODGERS ON MADDISON
Leicester star James Maddison wants to stay at King Power Stadium, according to manager Brendan Rodgers.
Rodgers said: "In conversations with the club, we don’t have to sell. That’s something that’s been made clear.
"The players want to stay. It's a really exciting time at the club.
"There’s lots of gossip and speculation around but I’m loving working with the guys here, they love being here, and we certainly have no need to sell. So I would suspect we’re looking to keep our best players"
Liverpool are set to rival Arsenal for Real Betis star Guido Rodriguez.
According to Fichajes, the Reds are keeping tabs on Rodriguez as they are looking for a midfielder to replace Georginio Wijnaldum.
The 27-year-old helped Argentina win this summer's Copa America competition.
And now a bidding war may be upon us