Vinícius Júnior seriously considered joining Arsenal after the Gunners made an aggressive summer approach, but ultimately signed a new Real Madrid contract.
Arsenal remain interested in Julian Alvarez and could reportedly propose a swap deal involving Viktor Gyokeres, although no agreement is currently in place.
Kylian Mbappe has reportedly demanded €60million net per year to extend his Real Madrid contract amid unconfirmed claims that Liverpool have contacted his representatives.
Manchester United are reportedly considering a January bid for Youssouf Fofana after scouting the midfielder during his impressive start at Sevilla. Any deal would require AC Milan to end his loan in Spain early.
Arsenal are interested in signing Eduardo Camavinga, but the Real Madrid midfielder is reportedly determined to remain in Spain despite growing Premier League interest.
Arsenal have stepped up their interest in Athletic Club winger Nico Williams after missing out on other attacking targets, with the Spain international back on the club's shortlist.
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