Arsenal have already confirmed their first January transfer window signing Denis Suarez, who joined the Gunners from Barcelona on a loan deal.
The Gunners have also shown an interest in Dalian Yifang player Yannick Carrasco as well as Inter Milan star Ivan Perisic.
It was reported that Arsenal were hoping to sign Carrasco on loan until the end of the season, however, his agent Federico Pastorello insists that the Chinese Super League club do not want to let him go. (via TEAMtalk
“It’s very unlikely he’ll move, as Dalian Yifang have formally taken him off the market,” Pastorello said.
Meanwhile, Inter Milan insisted on a permanent transfer for Ivan Perisic but as Arsenal could only do loan deals, the club stopped pursuing the winger.