Arsenal still in contract talks with Jack Wilshere - Arsene Wenger

Meanwhile, Mesut Ozil has always been in a contract dispute with the Gunners, and reportedly wants to double his £150,000-a-week salary.

Ozil is out of contract at the end of the season but there was the theory that United may try and accelerate that deal too in order to wrap business up.

There are no such plans to allow Ozil to leave, however, despite the similar risk of losing the player on a free transfer.

Mesut Ozil and Jack Wilshere are reportedly close to signing new long-term contracts at Arsenal. "So that's the good news".

Arsene Wenger has been dealt a major blow with Bordeaux refusing to sell Malcom during the January transfer window.

I agree completely that 2018 until now has not been very positive but I am long enough in the job to know that what is important is how we respond to it and to focus on the performance. "We want him to stay", the coach told reporters on Thursday.

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It looks like a phenomenal deal for the Gunners on paper - we are still looking for the catch - but Wenger admits it may be too good to be true.

One player who did not hang about in north London was Theo Walcott, who brought an end to a 12 year spell at the club when he completed a move to Everton for a reported fee of £20 million.

"My memories go for over 12 years", he said of the England global, who joined from Southampton at the age of 16 in 2006.

Since then the Gunners have managed just two points from three league games, fallen 23 points adrift of leaders Manchester City and eight behind the top four, as well as suffering a cup upset at Championship side Nottingham Forest. "I don't think [that it will happen in January], no".

"My personal situation is a bit secondary to all of that, what is important is how the team responds and what we make of 2018. He's always welcome here".

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