All the latest Arsenal transfer news and rumours from across the British and foreign press on Sunday, June 4.
Arsenal manager Arsene Wenger has again reiterated that Arsenal have no intention of selling Alexis Sanchez or Mesut Ozil this summer.
"This summer, first of all they will stay at the club and hopefully we can extend their contract," Wenger told beIN Sports.
When pressed further on whether either might be sold, Wenger replied "No. You cannot weaken the club and weaken the team. You want to strengthen the team. Unless you find a player of the same calibre and if they absolutely want to leave...
"I believe, at the moment, we're not on that front. We're focused on keeping the team together and to see how we can strengthen the team."
The Star on Sunday claims that Arsenal have handed Wenger £150m to turn the Gunners into a title-challenging side next season.
This includes the pursuit of Monaco starlet Kylian Mbappe who continues to make headlines, with the Sunday Express saying that the Gunners will increase their offer for Monaco sensation Kylian Mbappe to a world-record £95m.
The Mail on Sunday also claims that the North London club could have signed the France international for just £230,000 after talks last year.
The same newspaper also reports that goalkeeper Wojciech Szczesny is close to agreeing a £14m move to Juventus and is seen as the replacement for Gianluigi Buffon.
The Arsenal stopper's agent told Polish media the goalkeeper will speak with Arsene Wenger before finalising any agreement with the Serie A giants.
"There is still no agreement with Juventus," David Manasseh told Przeglad Sportowy. "Szczesny has yet to talk with Wenger, who has been confirmed as Arsenal coach for the next two years."
One player who is set to stay with Arsenal is Rob Holding, with the Sunday Mirror reporting that the Gunners are set to offer the defender a new contract after he was signed from Bolton last summer for £2.1m.