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Reports from the Metro, which claims Liverpool are planning a £30million bid for Arsenal and England international Alex Oxlade-Chamberlain over a possible move to Anfield this summer.
Now reports have emerged Arsenal have opened talks with Chamberlain to fend off interest from Liverpool and Chelsea who have reportedly keen on his signature for a while now.
According to reports from the Sun, Preliminary talks were held last week to extend his current £70,000-a-week terms, which have one season left to run.
But Wenger wants to keep the England man with a fresh deal that will push Ox past the £100,000-a-week mark.
Earlier this week, reports claimed that Arsene Wenger had agreed to allow Oxlade-Chamberlain to leave amid growing pressure concerning the side’s wage bill.
Due to new Premier League rules, if Arsenal’s wage bill is £7m higher than it was last year, they would be forced to sell players in order to make up the difference.