Arsenal News & Rumour Roundup: Gunners Told To Pay Up For Serie A Star, Wenger To Snatch £18m Liverpool Target, Schneiderlin To Snub Spurs

A roundup of today’s Arsenal transfer news and gossip.

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Arsenal transfer news

Arsenal told to pay big to sign Serie A starlet

Arsenal and Liverpool have been told it will take a huge bid to sign highly-rated AC Milan striker Stephan El Shaarawy.

Full story: Daily Express.

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Gunners closing in on £18m Liverpool target

Arsenal are also competing with Liverpool for the signing of Bayern Munich winger Xherdan Shaqiri, and are said to be close to finalising a deal.

Full story: Metro.

Tottenham fear missing out on Schneiderlin

Arsenal look likely to beat their rivals Tottenham Hotspur to the signing of Southampton’s in-form midfielder Morgan Schneiderlin this January.

Full story: Daily Telegraph.

Man City defender not joining Arsenal

Arsenal look like being beaten to the signing of Matija Nastasic as the Manchester City defender becomes a target for AC Milan and Schalke.

Full story: Daily Express.

Premier League trio eye Sanogo

Arsenal will loan out misfiring striker Yaya Sanogo this January, with Aston Villa, Sunderland and Crystal Palace all interested in the 21-year-old.

Full story: talkSPORT.