The pursuit of Gyokeres is proving to be the longest-running saga of the summer so far, with Sporting president Frederico Varandas is demanding €70million (£60.2m) up front plus €10m (£8.64m) in add-ons.

Arsenal are in the closing stages of contract negotiations with wonderkid Ethan Nwaneri as they look to tie the young attacker down to a new deal.

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Borussia Dortmund star Jobe Bellingham has reacted to Omari Hutchinson, who is linked with a move to the German side this summer.

Ethan Nwaneri has taken to Instagram to send a message to Arsenal supporters ahead of his return to pre-season training. The Hale End star was given an extended break after starring for England’s U21 side in the European Championship victory.

As other Premier League clubs monitor the situation closely, Arsenal are preparing themselves for all eventualities. Should Nwaneri request to leave, the club would demand a significant transfer fee. According to Football Insider, the Gunners have placed a valuation of £50 million on the teenager.