Arsenal are reportedly preparing a £70m offer for Newcastle midfielder Bruno Guimaraes. The Brazilian international is a top target for the Gunners, who are keen to strengthen their squad after their Premier League title challenge.

Newcastle are aware of Guimaraes' desire to join Arsenal, and talks are said to be accelerating. However, it is uncertain if the £70m bid will meet Newcastle's valuation. Arsenal are determined not to overpay, having recently declined to exceed their £80m valuation for Morgan Rogers, who joined Chelsea for £117m.

In addition to Guimaraes, Arsenal are also interested in Aston Villa defender Ezri Konsa and have explored moves for Bradley Barcola. Atletico Madrid's Julian Alvarez remains a dream target, but significant financial and player preference obstacles exist.