Transfer Rumors (8 July 09): Man United sign Obertan, Man City to bid again for Chelsea’s Terry, Juventus to land Arsenal target Melo, and more

Just when Arsenal fans may have been getting excited about a potential big-money signing, it appears that a not-so-nice Old Lady has yanked the rug out from under them. However, some recent developments could yet see some light at the end of the tunnel, but that's where cautious optimism comes in.

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