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According to reports, Arsenal are still looking on to strengthen their squad despite reports from the media suggesting Arsenal are done with their transfer business this summer.
The Mirror are claiming Arsenal are ready to path way with Alex Oxlade Chamberlain this summer and could be ready to lose him to the likes of Liverpool and Chelsea after the midfielder turned down a new improved deal.
However, The Daily Star have come up with an exclusive report suggesting that the 24-year-old England international is still interested in staying with the Gunners but he is only ready to agree a four-year deal worth 40 million pounds ($51.5million).
The report further claimed Alexis Sanchez has also snubbed a new improved contract offer insisting he wants a mammoth fee of $20.8million-a-year to stay.