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Despite new breaking of out of London suggesting Arsenal were set to break the bank for Alvaro Morata by offering him more money than any other player at Arsenal.
Fresh reports suggest Arsenal are losing out in signing Morata who has officially returned to Real Madrid from Juventus.
With the Spain international fancy a move to Chelsea because of the influence of the Blues boss Antonio Conte
Morata spent the last two at Juventus but Real Madrid exercised a buy-back clause of £23million on Tuesday to take him back.
The Gunners have been linked with an array of star strikers this summer and have been working round the clock in a bid to lure big names to the club, according to a report by The Sun, Wenger has held talks with Everton striker Romelu Lukaku and Lyon forward Alexandre Lacazette .
However, the Express reveals the both strikers are not Wenger’s top priority as the Gunners are keen on signing Real Madrid striker Alvaro Morata and are willing to break the bank for him by offering him a bumper deal of £144,000 to persuade him to make the move to the Emirates Stadium.