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Arsenal could be set to act in the transfer market as Mikel Arteta searches for a Mesut Ozil replacement.
The Gunners are yet to make a signing in the January window, like many Premier League clubs who have suffered the financial implications of COVID-19.
Conducting business will not be a priority for many sides in the division, but Arsenal could be about to buck this trend.
With Ozil now out of the club, Arteta may look to bolster his midfield options and strengthen squad depth.
Mirror Sport have taken a look at the latest gossip, which updates provided on the Gunners’ latest targets…
Potential Buendia bid
Buendia impressed in the Premier League last season and has maintained his fine form this campaign
(Image: Getty Images)
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The Gunners would have to pay as much as £50million to secure the services of Norwich City midfielder Emi Buendia this month, according to Sky Sports.
Buendia enjoyed a strong first season in the Premier League with the Canaries, scoring one goal and registering seven assists.
His fine form has continued this campaign, with his seven goals and seven assists elevating Daniel Farke’s side to the top of the Championship table.
"I have been in touch with some people close to the player today. They say the situation is that the player himself is focused on his job at Norwich,” said Sky Sports reporter Kaveh Solhekol.
“It would take a crazy offer for them to be tempted to sell him this month. We are looking at somewhere between £40m and £50m.”
Gunners enter Otavio race
Arsenal face competition for the services of Otavio
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Arsenal are to join the race to sign highly-rated Porto midfielder Otavio, who is out of contract in the summer.
Leicester City are said to be another Premier League side monitoring the situation and are understood to have submitted a formal offer, TuttoMercatoWeb via Teamtalk have confirmed.
A number of Italian clubs are also understood to be chasing the 25-year-old Brazilian, with AC Milan, Roma, Napoli and Juventus all interested in completing a deal.
Otavio has represented Porto since 2014 and is a versatile midfielder, capable of operating on both flanks as well as centrally.
Torreira situation a ‘concern’
Lucas Torreira left Arsenal in the summer to join Atletico Madrid on a season-long loan
David Alaba transfer situation "unclear" amid father's dismissal and Liverpool claim
Arsenal technical director Edu is ‘concerned’ about Lucas Torreira’s situation at Atletico Madrid as clubs begin to circle over a potential transfer.
The Uruguayan midfielder signed for Diego Simeone’s side on a season-long loan deal, but has found appearances hard to come by this campaign.
"The situation is very simple. Arsenal is concerned about Torreira, his happiness, that he plays, and that he is well," Edu told Spanish publication AS.
"We want to know about him how he feels and, later, of course, know what Atletico thinks.
"For us, Lucas and his happiness are what is more important.
"If everyone is happy, we will continue like this, if Lucas is not well, we will look for a change because there are many teams that are calling me to ask about the player's situation."
Valencia are one club interested in striking a deal, but Italian clubs Lazio, Fiorentina, and Torino are also reportedly keeping tabs on him.