Arsenal are open to selling Folarin Balogun this summer and have set a valuation of £50m for the striker. (Mirror), external
The Gunners’ £105m deal to sign 24-year-old England midfielder Declan Rice is close to being finalised, with the guaranteed portion of the fee expected to be paid to West Ham over three instalments. (Guardian), external
They have also held talks with RB Leipzig over German midfielder Benjamin Henrichs, 26, as a replacement for the outgoing Granit Xhaka. (Sky Germany via Metro), external
Arsenal will press ahead with a move for Bayer Leverkusen’s 22-year-old Netherlands right-back Jeremie Frimpong. (Bild, via Daily Record), external
The Gunners, Manchester City, Manchester United and Tottenham are among a large group of clubs who have shown an interest in Red Bull Salzburg’s Israel midfielder Oscar Gloukh, 19. (Guardian), external