Arsenal transfer rumours: Riyad Mahrez and Shkodran Mustafi linked

Which are the most credible Arsenal transfer rumours right now?

Sky Sports has teamed up with Football Whispers to bring you the hottest transfer talk of the moment, as Arsene Wenger looks to improve his squad ahead of the upcoming Premier League season.

Football Whispers have developed a unique algorithm to take all of the transfer rumours from across the globe and calculate the likelihood of them happening.

They track transfer stories and give them a score out of 5.0, with the hottest Whispers closest to 5.0.

The top three are:

1. Shkodran Mustafi (Valencia) - 4.7

Valencia centre-back Shkodran Mustafi has fired his way into the top three of the Football Whispers list after it was revealed Arsenal are in talks to sign the 24-year-old, according to Sky Germany.

It is understood that no offer for the 24-year-old Germany international centre-back has yet been made to the Spanish club.

Mustafi has a release clause of £42.1m but Sky Germany understand that Arsenal may be able to sign the German for £25.3m plus a further £8.4m in add-ons.

Wenger revealed he was on the hunt for a defender following the news Per Mertesacker has been ruled out for 'months' with a knee injury,

2. Alexandre Lacazette (Lyon) - 4.4

As Arsenal continue their hunt for a frontman, Lyon forward Lacazette is again being linked with a switch to the Emirates Stadium and is once again at the top of the Football Whispers list.

The Frenchman has appeared on the verge of a move to the Premier League all summer, although the Ligue 1 club have "categorically denied" receiving any bids from the Gunners for their star man.

With this transfer saga set to rumble on, could Lacazette be the man to support Olivier Giroud in Arsenal's bid for Premier League glory?

3. Riyad Mahrez (Leicester) - 4.1

N'Golo Kante has already left Leicester City, but what will happen with his former team-mate Mahrez?

The Algeria international has been attracting interest from across Europe after a sensational season with the Foxes during the 2015/16 campaign.

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He makes a strong third place showing in the Football Whispers charts after reports intensified that Wenger is ready to make a big money move for the winger - although Foxes boss Claudio Ranieri has urged Mahrez to stay at the King Power.

Read our feature on whether Arsenal need Mahrez here.

Don't forget to follow the most up-to-date information around the clock with the Sky Sports Transfer Centre