Arsenal are set to do battle with Tottenham for PSG forward Lucas Moura.
The Gunners are hopeful of completing a deal for Pierre-Emerick Aubameyang after bringing in Henrikh Mkhitaryan.
But the Express reports they won't stop there and are now eyeing a move for Moura.
The Brazilian has fallen out of favour in Paris and could be available for around £35million.
Will he choose the red or white of north London?
Latest on Lemar
Liverpool and Arsenal are reportedly set for a £90million summer transfer tussle as they both look to land Monaco winger Thomas Lemar.
Both clubs have been linked with January swoops for the flier but he looks set to stay put in this window with a clutch of clubs keen on his signature at the end of the season.
Arsenal have maintained their interest, and will go head-to-head with Liverpool in the summer, according to the Daily Mail.
But reports elsewhere suggest Lemar favours a move to Barcelona.
Arsenal dealt Malcom blow
New Bordeaux manager Gus Poyet has announced in-demand youngster Malcom will not be signing for Arsenal this January.
The Gunners were linked with a move for the young Brazilian earlier in the January transfer window, as Alexis Sanchez made it clear he would be leaving the Emirates.
alcom was valued at £40million by the French club - a figure that Arsenal, who were considering other options, were not prepared to match.
But the winger remained on the club's radar as the Gunners moved a step closer to signing Dortmund striker Pierre-Emerick Aubameyang.