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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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