Arsenal are currently second favourites to sign Philippe Coutinho from Barcelona

p1dhc4c78241411nsoma1mrh1atnd.jpg

Reports that Arsenal only had £40 million to spend on transfers this summer turned out to be spectacularly wide of the mark.

The Gunners had already spent £33 million on William Saliba and Gabriel Martinelli before smashing their club-record fee to sign Nicolas Pepe from Lille.

The Ivorian winger, who scored 23 goals in 41 games last season, set the Gunners back a cool £72 million - taking the club’s summer expenditure to over the £100 million mark.

The north London outfit have also secured the services of Dani Ceballos from Real Madrid until the end of the 2019/20 campaign.

And with just days remaining before the transfer window closes - it shuts for English clubs on Thursday - it seems Arsenal aren’t done just yet.

Various English newspapers - including The Sun - are citing Spanish sources as reporting that Arsenal are set to hold talks with Barcelona on Sunday as they look to seal a loan deal for Philippe Coutinho.

FBL-ESP-CUP-BARCELONA-VALENCIA

The Gunners face the Catalan giants in the Joan Gamper trophy at Camp Nou on the same day.

beIN Sport also tweeted on Saturday afternoon: “Arsenal are preparing to start negotiations with Barcelona to sign Brazilian Philippe Coutinho.”

p1dhc469ihiga1s871i8kqtvpds9.jpg

The signing of Coutinho would be a major coup for Arsenal, despite the fact the 27-year-old has flattered to deceive at Barça over the past 18 months.

He was outstanding during his five-year spell with Liverpool, scoring 54 goals in 201 appearances while establishing his status as one of Europe’s best playmakers in the process.

Arsenal v Liverpool - Premier League

His move to Camp Nou hasn’t worked out and Barça are now looking to offload him.

According to SkyBet, Arsenal are now the second-favourites to sign Coutinho this summer.

Currently priced at 3/1, Unai Emery’s side are only behind favourites Paris Saint-Germain (5/2).

Liverpool are 4/1 third favourites, while Manchester City are outsiders at 11/1.

p1dhc48a7r1eth8h71uuio5kkusb.jpg

It seems the bookmakers believe there’s a genuine chance that Coutinho could be on his way to the Emirates Stadium.

An attacking line-up comprised of Alexandre Lacazette, Pierre-Emerick Aubameyang, Ceballos, Pepe and Coutinho? Just imagine.

Watch this space…

News Now - Sport News