Monday 28 August 2017 09:30, UK
We round up the latest Arsenal transfer rumours from around the British and European press on Monday, August 28.
Manchester City are preparing a cash-plus-player deal for Alexis Sanchez, according to the Daily Star.
The report suggests City are preparing a bid of £70m plus defender Jason Denayer for the 28-year-old.
And it is thought Wenger could be ready to cash in to fund a squad overhaul at the Emirates Stadium.
Sanchez also posted a cryptic message on social media after Arsenal's 4-0 thrashing at the hands of Liverpool at Anfield on Sunday.
The Chile international posted a picture on Instagram of himself cutting a dejected figure after the defeat amid rumours he wants to leave the club before Thursday's transfer deadline.
Meanwhile, Southampton are adamant that club captain Virgil van Dijk will not be sold before the transfer window closes on Thursday despite interest from Chelsea, Liverpool and Arsenal.