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Arsenal manager Arsene Wenger is set to meet Lille’s £26m asking price for their attacking midfielder Eden Hazard, according to L’Equipe.
The French publication claims that Ligue 1 outfit Lille are bracing themselves for an approach from Arsenal who could be finally set to spend big and break their record transfer fee.
The Gunners have already snapped up Hazard’s former team mate Gervinho and now the Belgian is heading the list of priorities for Wenger.
Meanwhile, with Arsenal midfielder Samir Nasri set to leave the Emirates, Mexican Carlos Vela has also left the club to join Real Sociedad on a season-long loan.
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The agent of Lazio striker Mauro Zarate is reportedly in London to hold talks with Arsenal and Tottenham over a possible move to the Premier League for his client.
According to Corriere dello Sport, the Argentina international's brother and agent Sergio Zarate was in London on Tuesday for discussions with the Gunners and it is thought they are his preferred choice.
It is also claimed Tottenham are keen on Zarate with manager Harry Redknapp eager to hold discussions over a possible move.
Redknapp's main priority this summer is the signing of a top-class striker following the shortcomings of his current forwards last season. They managed just 18 league goals between them and while Spurs are determined to sign a new striker, they are restricted by financial limitations.
Missing out on the Champions League means they have not spent in the off-season but they do have the option to sell Luka Modric to Chelsea and use the reported £30m to reinvest in the squad.
However, Arsenal are reportedly favourties for his signature with £18m-rated Zarate being lined up as a possible replacement for the exit-bound Nicklas Bendtner.
The 24-year-old, who has previous Premier League experience with Birmingham City, could be set to leave Lazio after the club's sporting director Igli Tare failed to confirm he would be saying.
He said: “Zarate’s future? We’ll see what happens.”
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According to reports Arsenal defender Ignasi Miquel is interesting Bolton Wanderers.
It is understood that the young Gunner has been linked with Wanderers.
However, it seems Wanderers boss Owen Coyle will face competition from League Two side Crewe Alexandra.
The Daily Mail claims Arsenal's young Spanish defender is a loan target for Crewe boss Dario Gradi.
The 19-year-old is captain of Arsenal's reserves team.
I wonder if there is still a chance of a player plus cash deal for Cahill, if they reall want Miquel?