Arsenal transfer gossip: Tonali price revealed, £33m Pino boost, Tielemans decision, Gakpo latest

Arsenal are fighting hard to land at least one more major signing in a busy summer of transfer activity in north London.

The Gunners have already laid out big fees on the likes of Gabriel Jesus and Fabio Vieira but fresh creative spark is still sought after.

Talks for Sandro Tonali are underway, according to reports in Italy, with Youri Tielemans and Yeremy Pino also targeted.

Up front, Manchester United are set to rival Arsenal for Dutch youngster Cody Gakpo.

Here is your latest update of Arsenal transfer news and rumours...

Sandro Tonali

Arsenal and AC Milan are in talks over Sandro Tonali.

A fee of £46.5million may be enough to tempt the Italian champions into selling one of their star midfielders, as reported by Calcio Mercato.

Such a deal would allow Milan to make two signings of their own, it is claimed, making the notion more palatable given Tonali’s status in the side.

Yeremy Pino

Villarreal fear history will repeat itself if Arsenal bid for Yeremy Pino.

The Spanish international winger, 19, is a target for the Gunners and Liverpool, according to AS.

A bid of between £33million and £42m is expected from at least one club and it is claimed that Villarreal would have to cash in on the player if such an offer arrives.

The Yellow Submarine did so in the past, namely with Santi Cazorla, and reportedly even tried to sell Pau Torres to Tottenham last summer.

Youri Tielemans

Arsenal are happy to wait until sign Youri Tielemans on a free transfer next summer.

Football.London claim personal terms have been agreed between the Gunners and Belgian midfielder, who is valued by Leicester at £32m.

Reducing that fee is Arsenal’s ideal avenue this summer, but they may be forced to act now nonetheless with West Ham and Newcastle also keen on the player.

Cody Gakpo

Manchester United are moving in on Arsenal target Cody Gakpo.

The PSV Eindhoven youngster has spoken of his desire to play first-team football this season so he can reach the World Cup with the Netherlands.

The Telegraph report on United wanting to do a deal, which would cost £35m, after abandoning their bid for Marko Arnautovic.

PSV are set to listen to offers for the forward if they fail to qualify for the Champions League group stage.