All the latest Arsenal transfer news from around the web...
Reid denies Arsenal rumours
The 26-year-old is out of contract at the end of this season and has been strongly linked with the Gunners, but the New Zealand international took to Twitter to downplay the speculation.
Whoever Wrote that story of me today is not true. Well done— Winston Reid (@WinstonReid2) January 20, 2015
Wenger to delay Gabriel bid
Arsenal clearly need to sign a new centre back this month, and whilst Reid is an alleged target, so is Villarreal's Gabriel Paulista.
The Brazilian has impressed in Spain this season, and after admitting that his agent is in talks with Arsenal, reports continue to suggest the Gunners will make a move for the 24-year-old.
However, the Daily Mail now suggest that Arsene Wenger wants to delay making a £10m bid for Gabriel for another 48 hours whilst the club assess alternative options.
Jenkinson price tag set
Right back Carl Jenkinson is currently on loan at West Ham having slipped down the pecking order at the Emirates Stadium, and he's impressing for the Hammers on a weekly basis.
Unsurprisingly, West Ham boss Sam Allardyce reportedly wants to make the deal permanent, but the Daily Mail believe that Arsenal are demanding £12m for the 22-year-old - which could well scare the Hammers away.