Friday 12 January 2018 08:04, UK
All the latest Arsenal transfer news and rumours from across the British and European press on Friday, January 12.
Everton will battle Southampton for Theo Walcott's signature, according to the Daily Mail.
It's understood the Gunners may consider letting the England forward leave in January and the Toffees are confident they can beat the Saints to the 28-year-old's signature.
Manchester United have bid too late in their attempt to beat Manchester City to the signing of Alexis Sanchez, according to the Daily Express.
United reportedly have offered £25m to try and tempt him away from City but Pep Guardiola's men remain in control of the deal.
Arsenal fans are convinced PSG forward Julian Draxler is joining the club after he attended an NBA game in London alongside several Gunners stars.
