ARSENAL have begun to splash the cash in recent years, with the likes of Mesut Ozil and Alexis Sanchez arriving in big-money deals.
However, they still appear to be some way off a tilt at the Premier League title, and according to a report in one of today’s newspapers, they are ready to spend big again in a bid to catch up.
That is just one of the stories to have made the headlines, though, with Manchester United, Chelsea and Manchester City among the other clubs to feature.
Arsenal are set to open talks with Borussia Dortmund over a £63m double deal for defender Mats Hummels and midfielder Ilkay Gundogan. (Daily Star)
Man United have opened talks with Paris Saint-Germain over a £30m deal for defender Marquinhos. (Le10sport)
Man City manager Manuel Pellegrini has opened the door to a staggering £480m move for Barcelona star Lionel Messi. (The Sun)
Crystal Palace are close to meeting Swansea City’s £8m valuation of striker Bafetimbi Gomis. (The Times)
West Bromwich Albion could bid for Man United midfielder Darren Fletcher. (Express and Star)
Swansea are set to use some of the funds they gained from selling Wilfried Bony to Man City on a £5m bid for Stuttgart midfielder Alexandru Maxim. (Daily Telegraph)
Charlie Austin has put clubs on alert by stalling on a new contract offer from Queens Park Rangers. (Daily Mail)
Italian side Palermo say they have rejected interest from Man United in striker Paulo Dybala, who they value at over £30m. (The Guardian)
Adnan Januzaj could depart Man United on loan, with PSG, Juventus and Porto interested. (The Sun)
Tottenham Hotspur are ready to battle North London rivals Arsenal for the signing of West Ham United defender Winston Reid, who is out of contract in the summer. (Daily Telegraph)
Chelsea are ready to sell Andre Schurrle and Mohamed Salah, and could bring in Real Madrid defender Raphael Varane with some of the proceeds. (Daily Star)
Club Brugge goalkeeper Mathew Ryan has been identified by Liverpool as a possible rival for Simon Mignolet. (Daily Express)
Everton’s Kevin Mirallas says he will make a decision on his future at the end of the season. (Liverpool Echo)
Meanwhile, the Gazette today reported that Sunderland are hopeful of tying up the signing of Jermain Defoe today.
It is quiet, though, on the transfer front at Newcastle United.