Real Madrid have denied any agreement is in place with Arsenal and suggest Gonzalo Higuain is closer to staying at the Bernabeu than leaving for north London.

Reports in Spain claim Arsenal are in talks with Barcelona striker David Villa about a potential move to the Emirates this summer, despite his links with Spurs.

The Guardian newspaper are reporting that Gonzalo Higuain is on his way to London to undergo a medical after Arsenal agreed a £23m deal with Real Madrid.

Bookmakers have been forced to stop taking bets last night on controversial Uruguayan striker Luis Suarez making a shock £25m move to Arsenal from Liverpool.

Another day and another twist in the Higuain to Arsenal saga with reports claiming the deal is now in doubt as the club is struggling to agree a fee with Real.

Arsenal could be set to miss out on the signing of £25m-rated midfielder Asier Illarramendi with Real Madrid due to hold talks with Real Sociedad later this week

Clement Grenier has admitted he doesn't know if he will extend his contract at Lyon and revealed that Arsenal have had an offer for him turned down this summer.

Arsenal have confirmed on Wednesday that defender Zachari Fagan, midfielder Anthony Jeffrey and striker Zak Ansah have all signed new contracts with the club.

Arsenal have released a teaser video in preparation for the launch of the new 2013/14 away kit, which is due to take place on Tuesday 9th July. Watch it here.

Arsenal are in formal talks with Dinamo Zagreb to try and hijack Tottenham's £15milion move for defender Tin Jedbaj and attacking midfielder Alen Halilovic.