Paris Saint-Germain are in desperate need of selling players after signing Neymar and edging closer to a £163million deal to sign Kylian Mbappe.
The French giants have identified Arsenal target Julian Draxler as one of the players who could leave the club.
Arsenal have made contact with Real Madrid to offer Alexis Sanchez in exchange of Karim Benzema.
Arsenal target Marco Asensio says he wants to fight for a regular place at Real Madrid.
Chelsea are closing in on a £35million deal to sign Alex Oxlade-Chamberlain from London rivals Arsenal, according to Metro.
Arsenal attacking midfielders Alexis Sanchez and Mesut Ozil will enjoy their last season at the club and leave for free next summer, Martin Keown has said.