Friday 26 January 2018 08:57, UK
All the latest Arsenal transfer news and rumours from across the British and European press on Friday, January 26.
Olivier Giroud will not be leaving Arsenal for Borussia Dortmund in the January transfer window, according to Sky sources.
Reports had suggested that Giroud could move to Dortmund on loan as part of a potential deal to take Pierre-Emerick Aubameyang to Arsenal.
However, it is now understood that, while Dortmund initially raised the prospect of signing Giroud on loan, Arsenal immediately ruled it out.
The Sun are reporting Borussia Dortmund have offered Arsenal just £1.3m to take Giroud on loan for the rest of the season, which could ruin Arsene Wenger's plan to sign Aubameyang.
Meanwhile, Chelsea are reportedly considering a move to bring the Frenchman to Stamford Bridge, reports the Daily Mirror.
Finally, Arsenal have been told by Borussia Dortmund to break their transfer record to sign Aubameyang, according to the Daily Star.