Arsenal will face strong competition from Liverpool if the are to sign Portuguese sensation Raphael Guerreiro, according to TMW.
Young defender has an unusually effective goalscoring record for a footballer in his position, netted 10 goals in 95 games for the French side.
Defender entered in the final year of his current deal so Premier League giants are on alert as they want to make a deal with talented player.
Gunners are understood to be leading the race for his signature however, Liverpool, along with Paris Saint-Germain, are also keeping close tabs on Portuguese star.
Meanwhile, Gunners have offered Alex Oxlade-Chamberlain to West Ham, according to the latest reports from According to the Daily Mirror.
Englishman who has also been linked to the Saints, could leave as part of a major exodus this summer.
Young winger has started just nine of his 22 Premier League games this season, and the development of Alex Iwobi seems set to take more match time away from the England international.
Furthermore, Oxlade- Chamberlain has a return of just one goal in those matches, doing little to merit further opportunities in the starting XI.
And The French manager Arsene Wenger may be looking to renew his squad after failing to win the title despite slip-ups from The Red Devils, Chelsea, and Manchester City.