Monaco are the latest club to be linked with Arsenal's Alexis Sanchez, as we round up the latest rumours on Friday, August 4.
The French champions have sold a number of their star players this summer and could lose Kylian Mbappe to Real Madrid or Barcelona.
And according to a report in The Sun, they could be prepared to spend some of that cash by offering £45m for Arsenal star Sanchez.
The Chilean has one year left on his contract and manager Arsene Wenger insists he will not be sold this summer.
But The Sun claims the fear of him leaving for nothing in 12 months' time - plus the chance to land Thomas Lemar - could see Wenger's stance weaken.
Elsewhere, reports in Spain claim Arsenal have had a bid for Borussia Dortmund star Ousmane Dembele rejected.
According to Mundo Deportivo, Arsenal have joined Real Madrid and Barcelona in the race for the forward, but have been rebuffed by the German club.
And Arsenal's hopes of selling Calum Chambers to Crystal Palace for £20m could hit a snag.
According to The Sun, Palace boss Frank de Boer is refusing to sanction the deal because he hopes to land Manchester United's Timothy Fosu-Mensah on loan instead.
The tabloid claims a deal has been agreed between the two London clubs for Chambers, but has been placed on ice for now.