Arsene Wenger has been given the green light to sign Liverpool’s Luis Suarez, according to the Metro.
The Gunners board are reportedly urging Wenger to spend the £40m it would take to secure the Uruguay international’s services, having seen an initial bid of £25m rejected by the Reds.
Arsenal are hoping of confirming a deal for Real Madrid forward Gonzalo Higuain this week, according to the Daily Mail.
The Gunners are preparing a club record £22million bid for the Argentina international, who is reported to have privately agreed to make the switch to the Emirates.
The 25 year old has confirmed that he is leaving the Bernabeu this summer, having fallen behind Cristiano Ronaldo and Karim Benzema in the pecking order.
He did however get sixteen goals in twenty-six La Liga appearances last season, as well as scoring prolifically for his country, for whom he has nine goals in eleven World Cup qualifying matches.
The Gunners are also reportedly leading the chase for Spanish under 21 international Asier Illarramendi.
The Real Sociedad defensive midfielder has impressed this season, and is set to play in this afternoon’s European Championships final against Italy in Jerusalem.
Meanwhile, the Daily Mail understands that Laurent Koscielny and Bacaray Sagna will both end doubts over their future by confirming they will remain at Arsenal.
Both defenders have been linked with a move away from the Emirates, with Sagna a reported target for Paris Saint Germain and Monaco, while Bayern Munich and Barcelona are said to be considering making a move for Koscielny.
The Daily Express have reported that Arsenal are considering making an approach for Liverpool defender Martin Skrtel.
The Slovakian’s future at Anfield has been in doubt after losing his place in the starting line-up for the majority of the second half of last season.
Liverpool are thought to be making a number of changes ahead of next season, with Skrtel one of many set to be moved on.
Bacary Sagna has revealed that he could leave Arsenal this summer, amid rumours that Paris Saint Germain and Monaco are interested in signing the right-back.
The 30 year old told French newspaper Le 10 Sport that he was “proud” to be linked with PSG, who recently clinched their first league title in nineteen years.
Robin Van Persie denied former club Arsenal all three points on his return to the Emirates Stadium yesterday afternoon.
Theo Walcott had given the Gunners a lead after just two minutes, following a mistake from Van Persie, who lost possession seconds before the England internationals composed finish.
The Daily Star have reported that Arsenal will battle with Liverpool for the signature of out-of-favour Manchester City defender Micah Richards.
Arsene Wenger has long been an admirer of the England international, who has fallen down the pecking order at the Etihad Stadium, largely due to the form of Pablo Zabaleta.
Arsenal will be aiming to bounce back from their Champions League disappointment with Saturday’s trip to Swansea City.
The Gunners will once again be without Bacary Sagna and Jack Wilshere, who missed Wednesday’s win over Bayern Munich, while Lukas Podolski may also remain side-lined.
Bacary Sagna is set to return to Arsenal’s starting line-up for the short trip to White Hart Lane on Sunday afternoon.
The right back missed the Gunner’s 2-1 win over Aston Villa last weekend with a knee injury; though he should be fit in time to play from the start.
Arsenal are monitoring the form of Lyon midfielder Maxime Gonalons after recommendations from France-based scout Giles Grimandi.
The 23 year old was under the watchful eye of Gunners representatives in both legs of his sides Europa League defeat to Tottenham Hotspur, and was also watched in Saturday’s 3-1 win over Lorient.
Nacho Monreal is set to return to Arsenal’s starting line-up for tomorrows Premier League clash with Aston Villa after being ineligible for the midweek Champions League clash with Bayern Munich.
Carl Jenkinson is also available following his suspension, though Keiran Gibbs and Bacary Sagna will both miss out through injury.