Malaga midfielder Pablo Fornals has emerged as a summer transfer target for Arsenal, reports Marca.
The 21-year-old has impressed in La Liga this season, netting four times, and is understood to have a buy-out clause of around £10 million in his contract.
Barcelona are considering approaching Massimiliano Allegri about replacing Luis Enrique in the summer, according to calciomercato.com.
The Blaugrana had previously been lining up coaches who fit into their strict philosophy, such as Mauricio Pochettino and Ronald Koeman, but are increasingly open to the idea of rivalling Arsenal for the Juventus manager.
La Liga giants Real Madrid have joined Arsenal in the race to sign Bayer Leverkusen winger Julian Brandt, according to Talksport.
The Bundesliga wideman has chipped in with six assists this season and is considered one of the brightest young talents in Germany, with an asking price of around £30 million.
Arsenal have become the latest Premier League side to express an interest in Monaco midfielder Tiemoue Bakayoko, according to Le 10 Sport.
Manchester United, Chelsea and Manchester City have already been linked with the 22-year-old, but the Gunners have now made his representatives aware that they would like to take him to the Emirates.
Arsene Wenger is set to turn down a mega-money offer to coach in China as his time with Arsenal comes to an end, according to the Daily Mail.
Representatives from the Chinese Super League are said to have had preliminary talks with the Gunners boss, but Wenger wants to remain amongst Europe's elite teams should he decide to part ways with the Emirates side.
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