Arsenal to battle Barcelona for forward – and could Liverpool striker leave?

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Arsenal suffered another damaging Champions League defeat on Tuesday as Olympiakos left the Emirates with a 3-2 win.

The loss left Gunners boss Arsene Wenger facing more severe criticism, and according to a report in one of today’s newspapers, the Frenchman is ready to respond by rivalling Barcelona in the transfer market for a player.

That is just one of the stories to have made the headlines, with Liverpool, Aston Villa and West Bromwich Albion among the other clubs to feature.

Arsenal are willing to battle Barcelona for the signing of Celta Vigo forward Nolito by meeting his £13.3million release clause. (Fichajes)

Liverpool manager Brendan Rodgers has ruled out a January loan departure for striker Divock Origi. (The Times)

Aston Villa midfielder Joe Cole wants to join a Championship club on loan, and has held talks with manager Tim Sherwood. (Daily Telegraph)

Liverpool have been told by Jimmy Bullard that they should have signed Neymar after selling Luis Suarez to Barcelona. (Daily Express)

Arsenal and Liverpool are ready to rival West Brom for the signing of highly-rated Birmingham City player Demarai Gray. (Express and Star)

Meanwhile, it is relatively quiet on the transfer front at Newcastle United and Sunderland.