A round up of news stories about Arsenal this morning.
The Uruguayan has been linked with the club strongly in recent weeks with Arsenal thought to be mulling over a move.
The club could splash the cash to guard against missing out on a place in the top four over the second half of the season.
Arsenal have rubbished claims that Jack Wilshere is set to be out of action for longer than expected.
A spokesman for the club said Arsenal were disappointed with reports that he would miss longer than the three months the club has suggested.
Arsenal defender Mathieu Debuchy is set to make his long awaited comeback from injury in the Champions League game against Galatasaray.
The Frenchman started the season superbly with his new club but lost his place in the side because of an ankle problem.
Wenger confirmed yesterday that the Frenchman will feature during the game.