Wednesday's Arsenal transfer rumours: Alexis Sanchez, Shkodran Mustafi latest
Last Updated: 30/08/17 7:57am
We round up the latest Arsenal transfer rumours from around the British and European press on Wednesday August 30.
Arsenal midfielder Alex Oxlade-Chamberlain has turned down the opportunity to join Premier League champions Chelsea, according to Sky sources.
The Gunners had agreed to sell the England international to their London rivals for a fee believed to be £35m.
However, Sky Sports News understands the 24-year-old favours a move to Liverpool ahead of Thursday's transfer deadline.
Arsenal's fed-up players want the club to sell Sanchez before the transfer window shuts on Thursday night, according to The Independent.
Inter Milan have made a new offer to Arsenal for German centre back Shkodran Mustafi.
The Italian side have offered a £4.6million loan fee with an option to buy for £23m, according to the Daily Mail.
Arsenal left-back Kieran Gibbs is set to complete his move to West Brom after the clubs agreed a deal reported to be worth £7m.
Watford pulled out of a deal for the defender earlier on Tuesday after failing to agree personal terms despite agreeing a deal with the Gunners last week.