If the rumours are true, then Arsenal have all but agreed the personal terms and transfer fees with Gonzalo Higuain and Real Madrid, so what is the hold up? The Gunners have apparently seen off Juventus, who wanted to pay the Spanish giants something like £2.50 a week for the next 100 years, but there is a hold up.
Of all the thousands of Arsenal transfer rumours that have appeared since the end of the season, surely this is the biggest bombshell we have seen yet. We all know that Arsene Wenger's current contract ends at the end of the coming season and the Frenchman has always insisted that he has and will always honour his contract with the club, but that doesn't mean that he can't make plans for when it finally ends.
There seems to be a fairly even split between the Arsenal fans about which of the two main transfer targets should be signed by Arsene Wenger this summer. Assuming that Arsene Wenger has not undergone a complete personality change, the Gunners will not be buying both Wayne Rooney and Gonzalo Higuain in this transfer window, but it is looking more likely that one of them will soon be a Gunner.
It was not long ago that Arsenal fans were expecting the announcement of the first big signing of the summer, and all the smart money was on that signing being Stevan Jovetic, of Fiorentina and the Montenegro national side. We heard from agents who said that terms were agreed, but then Juventus entered the frame, while Gonzalo Higuain and Wayne Rooney emerged as alternative targets and now it seems like the Jovetic transfer has collapsed.
There have been a few worrying reports in the media so far this summer, but it seems like we can all relax and breathe a bit easier, after learning that the two players who looked the most likely to leave the club were both going to stay.
With Bacary Sagna, it may only be for one more year, because his current contract with Arsenal is due to expire next summer.
Arsenal have been linked with Luis Nani before, and it seems that the Portuguese international winger will be leaving his current club Manchester United this summer. There is interest from other clubs, most notably the Turkish champions Galatasaray, and it is through them that we have learned that United are only looking for a transfer fee of around £8 million, so should Arsenal be trying to bring him to the Emirates?
Transfer periods at the Emirates are always interesting times. Probably there is no club that gets linked with as many players each season as Arsenal. This window, as per usual, a lot of names have been linked with Arsenal. It appears Arsenal have been on Stevan Jovetic's case for some time but have been put off by Fiorentina's asking price.
Should Arsenal demand Fabregas in return for Koscielny? by FD
We all knew it was too good to be true. Just when it was shaping up to be a summer free from worry over losing a star player, reports are getting stronger about two top European clubs eyeing up a formal bid for Arsenal's centre back Laurent Koscielny.
Should want-away players be left in the reserves? by Dave
It's a topic that divides opinions and unfortunately it is something that we Arsenal fans are all too familiar with, but when a player states that he wants to leave in an attempt to force a deal through, what should the club do with him?
The latest player to be linked with a move to Arsenal is France and Lille winger Dimitri Payet who has been chased by Arsene Wenger before. This could just be another rumour without foundation because of the sheer number of players linked with Arsenal already this summer and Payet may not be the best player to raise the title hopes at Arsenal .
The possibility of Arsenal losing French International Laurent Koscielny didn't look very likely with the club clearly putting their foot down and stating that they didn't need to sell this summer, however recent reports continue to link Koscielny with a move away from the Emirates.
After years of losing out on transfer targets to clubs who are ready and willing to splash the cash, Arsenal are in very unfamiliar territory. The boot, as they say, is on the other foot, and it is the Italian champions Juventus who are about to get kicked.
It seems bizarre that a club like Juventus, having won the Serie A title for the last two seasons, is scrabbling around for the money to sign good players, but that's what we have been doing for years.
I understand the frustration and concern of the large number of Arsenal fans who expected Arsene Wenger to have perhaps signed a couple of good players by now, but I have faith that the Frenchman knows what he is doing and will do his very best for Arsenal Football Club, not necessarily the profit and loss statements.
Last night the 2013 Confederations Cup kicked off in Brazil with an entertaining match between the hosts Brazil and Asian Cup champions Japan. One of the stars of the Japanese team is Keisuke Honda who will be known to many people across Europe from his time playing for CSKA Moscow which incidentally has just ended, and I think he could do well at Arsenal.
It is the thing that has caused the most anger and disappointment to the Arsenal fans in recent years, but we believed those days were over. The Gooners have sort of understood that the club were not spending money in the transfer market, while the likes of Chelsea and Manchester City were throwing cash around like confetti at a wedding, but the sale of our best players, especially to our direct Premier League rivals has really hurt us.
There have been so many rumours about Arsenal and which players are being targeted by Arsene Wenger this summer, a lot of Arsenal fans are completely baffled about what is really going on. The only thing we seem to be able to agree on is that Wenger needs to get his finger out and start signing some quality before the best players are all snapped up.
Ashley Williams made himself a firm favourite with the Arsenal fans last season when he booted the ball into the head of the Dutch deserter Robin van Persie. That incident also led to one of the most proposterous statements ever made by Ol' Purple nose himself, when he said van Persie could have been killed.
The transfer of Julio Cesar to Arsenal was almost a done deal in the media just a week or two ago. His current club QPR accepted that he would leave and he was not going to cost all that much, so it should have been done and dusted by now, but no deal has been announced and there is an eerie silence coming from the media.
Borussia Monchengladbach, who were thought to be the front runners to sign Nicklas Bendtner from Arsenal this summer, have said that they are not interested in him and they do not know where the stories have come from in the media.
Arsenal could be stuck with Bendtner again by Stefan
Bendtner claimed the other day that he was in talks with "five or six" clubs for his signature and Gladbach were one of them and the favourites to sign him.
Gervinho is a player that divides the fans of Arsenal Football Club. Some recognise his talent, whilst some (in fact the majority) see him as absolute rubbish, as a nice way of putting it. But the Ivorian may not be around with Arsenal for much longer, with Ligue 1 club Marseille stepping up their interest.
The latest youngster to be linked with a move to Arsenal is the Guingamp holding midfielder Gilbert Imbula. Imbula has been on Arsene Wenger's radar for a while as well as many other top clubs, but Guingamp value him at around £8 Million which is a little bit too much for a player that hasn't really been heard of by football fans in Europe and is currently in the French second division.
Everybody reading this will probably know that Arsenal have been linked with just about every player in Europe in the last month including players like Wayne Rooney, Cesc Fabregas, Robert Lewandowski, Gonzalo Higuain, Stevan Jovetic and many more.
Arsene Wenger;s job has become a little bit easier, as he looks for some `top, top` players to sign for Arsenal this summer. Assuming there is some small element of truth in the media transfer rumours surrounding the Gunners, Wenger has a long list of targets for certain positions that need strengthening, and one of the names on one of those lists has just crossed himself off it.
Francis Coquelin is a popular figure amongst Arsenal fans, however I'm not entirely sure why. Some like him for his talent, as he will surely be a future star, whilst some like him for his character. What is certain though is that very few Arsenal fans want the talented Frenchman to leave the club this summer; however this seems to becoming a very likely scenario.
Although it seemed pretty clear that Arsene Wenger wanted to sign David Villa for Arsenal back in the January transfer window, there is not a lot of speculation linking the Spanish international striker with a move to the Emirates this summer. Instead, it was widely believed that our North London rivals Tottenham were in pole position to sign the 31-year old from Barcelona.
Arsenal target Younes Belhanda may be closer to a move to North London after Montpellier club president Louis Nicollin admitted that the Ligue 1 club have received offers from both English and German clubs for the Moroccan international.
Exactly which club in North London is unclear though as both Tottenham and Arsenal are interested in him, but Tottenham were though to be the closest to making a move.
Most of us have been expecting some sort of change to the Arsenal goalkeeping situation this summer. There have been transfer rumours linking the club to a vast array of possible transfer targets, while the media have speculated about whether Wojciech Szczesny might leave if he feels that his first team place is being threatened.
One has to decide whether to come to Arsenal, while the other has to decide which, if any, club to leave Arsenal for, and both decisions are expected in the next couple of weeks. Nicklas Bendtner could be set to finally give up his Arsenal wages and move to a club where he will get to play regularly, while Grenier will discover the answer to a few questions from his current club before deciding what to do with his future.
Arsenal's hopes of signing Real Madrid's Gonzalo Higuain may rest on the Spanish giants being able to sign Luis Suarez from Liverpool. Arsenal have been chasing Higuain for several weeks and have come very close to signing him with bids and enquiries and even a meeting in Paris with Arsene Wenger and the striker's father.
Arsenal have been alerted by AC Milan's confession that they would be open to letting young star Stephan El Shaaraway leave the club for the right money. The comments were provoked by Manchester City's interest in him but Arsene Wenger will be keeping a close eye on proceedings and may make a cheeky bid if a deal doesn't work out with City.
If this story is true, it should certainly leave Arsenal with no competition for one of the biggest transfer targets Gonzalo Higuain. Juventus are believed to have been going toe-to-toe with the Gunners for the signature of the Argentinean striker, but they were baulking at paying anything over £20 million, so the Madrid president may have sent them packing for good with his latest statement.
There has been much discussion on here about whether the transfer window really is open or not, and I can assure you that it DEFINITELY is open. In England it opened on the last day of the season and transfers between British clubs can be ratified straight away, but most players contracts run from July 1st each year, which is why they are not totally completed until that date.
An agent has stated that Arsenal have made contact with a Paraguayan defender from the Portugese Superliga, however he is not a particularly big name and is an unknown to most outside Portugal or Paraguay despite playing once for his country of birth. He goes under the name of Lorenzo Melgarejo.
Melgarejo is a left back and currently plays for Benfica.
Last week there were utterings from the Celtic midfielder Victor Wanyama that he was wanted by Arsenal, but since then he has been on international duty with Kenya, but he has re-affirmed that his agent is still continuing the talks with Celtic and the Gunners while he has been playing in the World Cup Qualifiers.
Victor Wanyama has admitted that he is in talks with several clubs over a possible transfer in the coming weeks. This news will come as a good and positive sign to the Arsenal fans who have been calling for the club to sign him up immediately, although Wanyama refused to reveal which clubs were talking to him, meaning that it could be several totally unexpected foreign clubs.
I have seen some headlines today stating that Arsenal have lost the battle with the Italian champions Juventus over the transfer of Stevan Jovetic from Fiorentina. The Montenegrin international has been linked with a summer move to the Emirates for a long time now, with the media sometimes claiming it is a done deal and then soon after declaring that he will move to Juventus.
The bad news, for Arsenal fans, is that representatives from the Italian champions Juventus are in Madrid today to have a meeting with officials from Real Madrid. We are not privy to what they will be talking about, but there are npo prizes for guessing that Gonzalo Higuain's name might come up.
There are rumours that Juventus have already had one bid of lees than £20 million turned down, while the Spanish club are determined to get around £25 million for the Argentinean international.
The media is far too influential on transfers in football. Every single day there seems to be a new big Arsenal rumour in football, let alone JustArsenal, but for some reasons it does seem as if it is always the Gunners who have a new transfer target every day.
All the Arsenal transfer news in the papers this morning are reporting that Arsene Wenger is in negotiations with Everton for the crazy Belgian Marouane Fellaini, but is so far refusing to match the £23m release clause which would allow him to move to a Champions League club.
Some people have been erroneously reporting that Fellaini has already agreed a four-year deal with the Gunners, but any personal agreement will come to nothing if a price cannot be agreed with the Toffees.
Current reports in the media have suggested Borussia Dortmund's Ilkay Gundogan is one of the many midfield options Arsenal manager, Arsene Wenger is keeping his eye on this summer, as he looks to reinforce some strength and quality into the Gunners midfield.