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The 24-year-old looks capable of taking the league by storm, but his £42.5m move could set him up to join a famous list of expensive flops

Alvaro Vadillo (l) competes with Real Madrid defender Pepe (r)

Transfer news: Arsenal enter race with Tottenham for 18-year-old Alvaro Vadillo - the 'new Cristiano Ronaldo'

Attacking left midfielder had been identified as a long-term replacement for Gareth Bale but the Gunners hope to beat Spurs to his signing

Luis Suarez meets fans after the match between Melbourne Victory and Liverpool in Australia

Transfer news: Luis Suarez to demand Arsenal transfer talks as Liverpool stand firm despite £40m bid

Striker wants to play in Champions League and believes £40m plus £1 offer obliges Merseysiders to sell

Atletico Mineiro

Transfer news: Arsenal in advanced negotiations over £21m swoop for Brazil international Bernard

The signing would represent a record fee paid by the Gunners

Francis Coquelin has been used in the Gunners' defence recently

Arsenal release Johan Djourou and Francis Coquelin on season-long loan deals

The Gunners have allowed a number of players to depart this summer

Yaya Sanogo scored 11 goals in 24 appearances with Auxerre

Arsenal transfer news: Yaya Sanogo arrives as Nicklas Bendtner set for Eintracht Frankfurt move

20-year-old scored 11 goals in 24 appearances for Auxerre

Jack Wilshere encouraged by Arsenal moves for Wayne Rooney and Gonzalo Higuain

Free transfer signing of France Under-21 attacker Yaya Sanogo set to be confirmed

Sant Cazorla for Arsenal

Arsenal's Santi Cazorla convinced self-belief will drive Gunners towards Premier League title

The attacking midfielder believes Arsenal have great players that can build on last season's strong finish and mount a serious push for the title

Real Madrid are likely to bring in another striker as cover for Higuain

Arsenal ready to make Gonzalo Higuain highest paid player if he completes move from Real Madrid

Argentina international will be paid £125,000-a-week if he moves to the Emirates

Olivier Giroud's brace helped Arsenal to victory

If we make a good start, Arsenal can challenge for the Premier League title claims Olivier Giroud

The striker says the Gunners can last the distance

Arsenal striker Olivier Giroud celebrates scoring against Brighton

Premier League: Arsenal v Liverpool match preview

A look ahead to tonight's Premier League fixture at the Emirates

Johan Djourou

Arsene Wenger reveals Sebastien Squillaci and Johan Djourou are heading for Arsenal exit

Defenders have failed to nail down a place at the Emirates

Rosicky sparks Arsenal hope but familiar frailties sabotage hunt for top spot

The line-up may have changed significantly but Arsenal's malaise continues. Arsène Wenger made seven changes to the team dispatched by Swansea last weekend but defeat to Olympiakos carried all the hallmarks of his first-choice side.

Giannis Maniatis hits Olympiakos’s equaliser against Arsenal in Piraeus night
Arsene Wenger

Arsenal hope to avoid Greek tragedy against Olympiakos after resting number of key players

The dubious honour of topping Group B may still be within Arsenal's grasp but perhaps of greater significance on Tuesday night is a need to produce a display that suggests their season is not in irreversible decline.

Theo Walcott celebrates the sixth goal for Arsenal

'God helped Arsenal': Andrei Arshavin credits divine intervention for incredible comeback

Arsenal completed one of the most remarkable comebacks in football last night when they recovered from 4-0 down against Reading to win 7-5.

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As in 1942, Germany must show restraint over Greece

As in 1942, Germany must show restraint over Greece

Mussolini tried to warn his ally of the danger of bringing the country to its knees. So should we, says Patrick Cockburn
Britain's widening poverty gap should be causing outrage at the start of the election campaign

The short stroll that should be our walk of shame

Courting the global elite has failed to benefit Britain, as the vast disparity in wealth on display in the capital shows
Homeless Veterans appeal: The rise of the working poor: when having a job cannot prevent poverty

Homeless Veterans appeal

The rise of the working poor: when having a job cannot prevent poverty
Prince Charles the saviour of the nation? A new book highlights concerns about how political he will be when he eventually becomes king

Prince Charles the saviour of the nation?

A new book highlights concerns about how political he will be when he eventually becomes king
How books can defeat Isis: Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad

How books can defeat Isis

Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad
Judith Hackitt: The myths of elf 'n' safety

Judith Hackitt: The myths of elf 'n' safety

She may be in charge of minimising our risks of injury, but the chair of the Health and Safety Executive still wants children to be able to hurt themselves
The open loathing between Barack Obama and Benjamin Netanyahu just got worse

The open loathing between Obama and Netanyahu just got worse

The Israeli PM's relationship with the Obama has always been chilly, but going over the President's head on Iran will do him no favours, says Rupert Cornwell
French chefs get 'le huff' as nation slips down global cuisine rankings

French chefs get 'le huff' as nation slips down global cuisine rankings

Fury at British best restaurants survey sees French magazine produce a rival list
Star choreographer Matthew Bourne gives young carers a chance to perform at Sadler's Wells

Young carers to make dance debut

What happened when superstar choreographer Matthew Bourne encouraged 27 teenage carers to think about themselves for once?
Design Council's 70th anniversary: Four of the most intriguing prototypes from Ones to Watch

Design Council's 70th anniversary

Four of the most intriguing prototypes from Ones to Watch
Dame Harriet Walter: The actress on learning what it is to age, plastic surgery, and her unease at being honoured by the establishment

Dame Harriet Walter interview

The actress on learning what it is to age, plastic surgery, and her unease at being honoured by the establishment
Art should not be a slave to the ideas driving it

Art should not be a slave to the ideas driving it

Critics of Tom Stoppard's new play seem to agree that cerebral can never trump character, says DJ Taylor
Bill Granger recipes: Our chef's winter salads will make you feel energised through February

Bill Granger's winter salads

Salads aren't just a bit on the side, says our chef - their crunch, colour and natural goodness are perfect for a midwinter pick-me-up
England vs Wales: Cool head George Ford ready to put out dragon fire

George Ford: Cool head ready to put out dragon fire

No 10’s calmness under pressure will be key for England in Cardiff
Michael Calvin: Time for Old Firm to put aside bigotry and forge new links

Michael Calvin's Last Word

Time for Old Firm to put aside bigotry and forge new links