HITC Sport understands Chelsea impressed with David Wagner.
The Gunners legend has left his role as a coach with the Arsenal Under 18s.
Newcastle United's Dwight Gayle has been training with the club, after completing a move from Crystal Palace.
The 21-year-old midfielder made an excellent impression at Reading during the early stages of last season before injuries struck.
Norwich City have reportedly failed with a £7m bid for Britt Assombalonga.
Thomas Vermaelen is reportedly on West Ham United manager Slaven Bilic's wishlist.
Wolves have lost out on transfer targets to clubs including Queens Park Rangers.
Glasgow Rangers signed Michael O’Halloran in the January transfer window.
Tottenham completed their second transfer of the summer, and supporters were overjoyed that a problem position has finally been addressed.
The winger is close to completing a move to Bournemouth.