Monday's Arsenal transfer rumours: Gelson Martins and William Carvalho

Gelson Martins

All the latest transfer news and rumours from across the British and European press regarding Arsenal. 

Arsene Wenger is reportedly planning a double swoop for Sporting Lisbon duo Gelson Martins and William Carvalho.

According to reports in Portugal, a £70million deal could be on the table for winger Martins and defensive midfielder Carvalho.

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Meanwhile, Lyon president Jean-Michel Aulas has confirmed Alexandre Lacazette's move to Arsenal should be completed "within the next day
or two".

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Arsenal's opening bid of £39m was turned down last month, but significant progress has been made in talks between the clubs.

Aulas confirmed the deal is worth up to £43.8m (€50m), meaning it would eclipse the club-record £42.5m Arsenal paid for Mesut Ozil four years ago.

Carlo Ancelotti has hinted Bayern Munich might be interested in signing Alexis Sanchez, but will not pay "crazy money".

Alexis Sanchez is a reported transfer target for Bayern Munich and Manchester City

Sanchez, who is preparing for the Confederations Cup final with Chile on Sunday evening, has a year left on his contract at Arsenal.