LATEST ARSENAL TRANSFER NEWS : Sanchez,Walcott,Giroud OUT Mkhitaryan,Aubameyang IN

Alexis has been the subject of a transfer tussle between United and Manchester City but, with the latter pulling out due to the demands of the Chilean’s agent Fernando Felicevich, the frontrunners to sign last season’s 30-goal man are now Jose Mourinho’s men, with the former Barcelona star already agreeing personal terms.

Arsenal board also has asked Wenger to control the wages as a result Arsenal are trying to ship out unused players with high wages.For this some of the experienced players too have been linked away from the emirates. Coquelin joined Valencia for a fee in the region of £12m last week, while Walcott is on the verge of joining Everton for £20m. Mathieu Debuchy, meanwhile, is in talks over signing with St Etienne six months before his contract expires, which would free up further wage space for Bordeaux star Malcom, the 20-year-old winger Arsenal are keen on signing in January.

Pierre-Emerick Aubameyang remains a primary target of Wenger’s and new head of recruitment Sven Mislintat is playing an integral part in the talks which could see the 28-year-old arrive as a replacement for Sanchez. Olivier Giroud has been mentioned in discussions and it remains a possibility that he would head to Borussia Dortmund as part of the deal.

West Brom defender Jonny Evans is the subject of interest from both Manchester City and Arsenal, with the Gunners also hopeful of bringing in an experienced centre-back this month due to Laurent Koscielny’s injury problems and Per Mertesacker’s impending retirement.

A defensive arrival would likely see one of Calum Chambers or Rob Holding go out on loan.