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Arsenal FC transfer news: Possible £53m striker deal, Italian defender in, plus Alexis Sanchez latest

Arsenal have been one of the first Premier League teams to do business in January, having signed Konstantinos Mavropanos from PAS Giannina.

But there could be more movements in the transfer market this month for the Gunners.

There could potentially be two huge outgoings with Mesut Ozil and Alexis Sanchez both coming towards the end of their contracts, while a number of new signings could arrive.

Arsene Wenger still has the ability to attract top name talent, and he could do so this month if the deal is just right.