According to Sky Sports, Leicester City need to sell Bilal El Khannouss - a target for both Sunderland and Arsenal - to meet their PSR obligations and raise funds for their transfer window.

Nwaneri is currently on holiday after winning the Euro Under-21 title with England this summer, but he will shortly return to Arsenal for pre-season training ahead of the new season.

Arsenal have completed the signing of goalkeeper Anneke Borbe. The 24-year-old signs following the expiration of her contract at Wolfsburg and joins on a free transfer, as was the case with Chloe Kelly and Taylor Hinds.

Big dollars and goals are in the news Monday as Premier League sides Newcastle United and Arsenal angle to compete on multiple fronts this season.

ARSENAL have a huge summer of change on their hands – and many big deals are in the pipeline. The Gunners have agreed a £63.5million deal to sign Sporting striker Viktor Gyokeres. Elsewhere,

Even on a net basis, the 12 European clubs have already spent more than their collective Club World Cup earnings on transfers.

Arsenal target Cristhian Mosquera has appeared to confirm his Valencia departure, claiming he is leaving "home" to begin a "new era."