When unconfirmed reports emerged on Saturday suggesting Leicester City's Riyad Mahrez had decided to join Arsenal, fans were understandably ecstatic.
The Gunners have long yearned for quality on their right flank, with Theo Walcott, Alex Oxlade-Chamberlain and Joel Campbell all failing to make their mark in recent years.
Mahrez would represent a considerable upgrade on the aforementioned trio and, following a season where he scored 17 Premier League goals and won the PFA Players' Player of the Year award, Leicester's £45 million valuation seems reasonable.
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Whether a move materialises remains to be seen but some light has since been shed.
According the Guardian's Ed Aarons, Mahrez's agent, Kamel Bengougam, has dismissed rumours linking his client with Arsene Wenger's side.
Aarons tweeted: "Riyad Mahrez's agent has denied there is any interest from Arsenal in player despite reports in France today #lcfc"
But that's not all. Bengougam was reportedly spotted at Arsenal's pre-season friendly with RC Lens on Friday night, further reinforcing rumours Mahrez could join.
Interesting. Until concrete evidence emerges of a potential move, though, Mahrez's future will remain uncertain.
What's guaranteed is Wenger would be willing to broker a big-money move for the Algerian star based on his comments in a recent interview.
Following the Gunners' 1-1 draw with Lens at the Stade Bollaert-Delelis, the Frenchman revealed Arsenal are "very active" and prepared to "spend big" this summer.
According to The Sun, he said: "We remain very active in the transfer market. If we find the right players we will spend big money."