With the media wave currently awash with various transfer stories, we bring you the latest round up of Arsenal transfer reports.

Lacazette

Arsenal have been slapped with a staggering €70 million (£59.9 million) for their prime transfer target Aleksandre Lacazette, this is according to the Telegraph , who claim Arsenal will informed of his price tag later today.

Lyon have scheduled a meeting with the agent of Lacazette, with the plan of offering the player a lucrative contract that would see him become the most expensive player within the rank of the club. He is currently valued at €50 million  but his valuation will be increased to €70 million .

OZil

News emerging from London, via Bild, is in the claim that Mesut Ozil has rejected talks over a new contract for him at Arsenal. This has become more worrisome for Arsenal that their ineptitude in the current transfer window.

Ozil has two more years on his contract but has chosen to postponed any talks for renewal, per the reports. Real Madrid are closely monitoring the player’s situation.

Mustafi

With the apparent need of a quality centre-back, Goal reports this morning that Arsenal are close to sealing  a deal for the long-term target  Shkodran Mustafi – Wenger wants the deal done befor the game against Liverpool.

Mustafi has been in the transfer radar of Arsenal but it appeared we were initially not interested in the tough tackler as a report claimed we did not table any offer for him. Nonetheless, the injury to Gabriel Paulista  meant Arsenal are condemn to go all out for the player.

Insigne

Latest reports acording to a prominent Italian journalist claims Italy born attacking midfielder Lorenzo Insigne has rejected an improve contract offer from Napoli  and he wants an Arsenal move.

The 25-year-old winger is a product of Napoli’s academy and a fans favourite at the San Paolo due to his passion, trickery and goals.

Nonetheless, it is believed that the versatile winger isn’t ready to commit to the Pertenopei with a potential transfer to the Premier league as his desire.

Riyad Mahrez

Leicester City denied any bid from Arsenal and are resolved to keeping their star player.