Arsenal endured a miserable start to their Premier League campaign after falling to a 3-1 defeat to Aston Villa at the Emirates on Saturday afternoon.
The hosts took an early lead through Olivier Giroud, but a Christian Benteke double and a third from debutant Antonio Luna wrapped up victory for the visitors.
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 facing an uphill battle in their pursuit of Real Madrid striker Gonzalo Higuain after the Spanish giants increased his price to £37m, the Mail Online understands.
The Gunners had looked to be the favourites to land the Argentina international for around £23m, though negotiations have stalled.
Liverpool forward Luis Suarez has emerged as a potential target for Arsenal, with bookmakers slashing the odds of the Uruguayan moving to North London.
William Hill currently have the Emirates as Suarez’s destination after the summer transfer window, just ahead of the Bernabeu.
Arsenal midfielder Jack Wilshere has told ESPN that “it would be amazing” if Arsenal were to sign Wayne Rooney.
The Manchester United striker has been linked with a move away from Old Trafford this summer after it was reported that he had handed in a transfer request, though Rooney himself has rejected those claims.
Arsenal have activated a release clause in Marouane Fellaini’s Everton contract, ESPN understands.
The Belgian midfielder can reportedly leave Goodison Park for a side in the Champions League for £22million, while teams outside of Europe’s elite competition must offer an extra £2million.
The 25 year old has been linked with moves to Chelsea and Manchester United in recent weeks, though the Gunners appear to have stolen a march on their rivals.
Fellaini was Everton’s top scorer last season, with eleven goals in thirty-one Premier League appearances.
Meanwhile, the clubs chief executive Ivan Gazidis has revealed that the club could afford to move for Manchester United striker Wayne Rooney, after he claimed the club are entering a new “escalation of financial firepower”.
The Mirror reports that Gazidis went on to hint that Arsene Wenger could be offered a new contract at the Emirates, after declaring that he hopes the Frenchman wants to “do what he is doing for the long term”.
Finally, Arsenal have been linked with a surprise move for Newcastle United defender Steven Taylor.
The 27 year old is the latest centre-back to be linked with the Gunners, following talk that a deal may be agreed for Swansea City and Wales captain Ashley Williams.
Gunners target Gonzalo Higuain has confirmed that he would be interested in a move to the Emirates.
The Argentine international told the Metro that Arsenal would ‘suit’ him, while Tottenham Hotspur and Liverpool are also said to be in the race for his signature.
Arsenal centre back Laurent Koscielny has emerged as a transfer target for Bayern Munich, according to the Daily Mail.
The newly crowned European Champions will be managed by Pep Guardiola next season, and the Spaniard is keen to add the 27 year old to his squad, with the signing of Borussia Dortmund attacking midfielder Mario Gotze already confirmed.
Arsenal are one of the sides to have been linked with a possible move for Manchester United striker Wayne Rooney, after the striker reportedly announced his desire to leave the Champions.
The Gunners are thought to be locked in a battle with Chelsea to sign Rooney, 27, who has also been linked with Bundesliga champions Bayern Munich.