Wolverhampton Wanderers and West Ham were linked to the Africa Cup of Nations ace in the past few months but the Gunners are now reportedly keen.
The Senegal international is on Monaco's books but is reportedly not expected to make a permanent switch to on-loan club Inter Milan.
The Premier League duo's alleged hopes of signing Balde may have suffered a fatal blow following the 23-year-old's two-goal masterclass against Frosinone.
Balde has been linked with both Wolves and West Ham.
West Ham United have reportedly joined the race to sign Monaco forward Keita Balde ahead of the January transfer window.
Newcastle need additions in the final third if they are to survive relegation.
Wolves are reportedly interested in landing Balde, who is on loan at Inter from AS Monaco.
Tottenham Hotspur manager Mauricio Pochettino says that he wanted to sign AS Monaco-owned Inter Milan forward Keita Balde.
Tottenham were keen to sign Keita Balde in 2017. He is on the move again.
The Monaco forward has reportedly been made available only six months after joining from Lazio.
The young Liverpool defender made headlines this evening.
Manchester United are reportedly challenging Liverpool for Kai Havertz.
The Celtic right-back enjoyed an excellent full debut under Neil Lennon.
Arsenal have won against Aston Villa in the Premier League this evening.
Former Chelsea midfielder Kevin De Bruyne played well for Manchester City against Watford on Saturday.
Andriy Yarmolenko and Aaron Cresswell scored for West Ham United against Manchester United.
Arsenal are reportedly keen to re-sign Donyell Malen.
Leeds United once again struggled to make use of their dominance as they dropped points against Derby County on Saturday.
Everton lost against Sheffield United at Goodison Park on Saturday.
Mateusz Klich missed a huge penalty for Leeds United today.