Arsenal transfer news and rumours: Gunners ready £26m Mario Mandzukic deal; £15m for Morgan Schneiderlin; Hugo Lloris shock bid

The latest transfer talk surrounding the Emirates

Mario Mandzukic celebrates his first goal against Cameroon (GETTY IMAGES)

ARSENAL BOUND....

Arsenal are planning a sensational £26m move for Atletico Madrid striker Mario Mandzukic, according to the Daily Express.

The Croatian international moved to Madrid from Bayern Munich over the summer but the return of former Chelsea and Liverpool man Fernando Torres to the club has seen him fall down the pecking order at the La Liga champions.

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Schneiderlin move back on?

The Gunners will make a late move for Southampton's Morgan Schneiderlin, according to reports.

The Frenchman was linked with a transfer to the Emirates last summer.

Shock Lloris bid...

A shock bid to sign Hugo Lloris, goalkeeper of the Gunners fierce rivals Tottenham, is on the cards, according to French publication L'Equipe.

The Gunners have struggled on the 'keeper front this season, with Wojciech Szczesny recently losing his place to David Ospina.

Neto not joining...

Juventus have agreed terms with another Arsenal goalkeeping target Norberto Neto, according to Gianluca Di Marzio.

Neto, 25, will reportedly join the Serie A champions on a free transfer when his current contract with Fiorentina expires in the summer.