Arsenal are reportedly ready to spend £54m on Brighton striker Joao Pedro, but face competition from Premier League leaders Liverpool, who are also keen on the Brazilian.
Arsenal missed a golden opportunity to close the gap on Liverpool as they were held to a 1-1 draw by Fulham at the Emirates Stadium.
Everton's highly anticipated home match against Liverpool, the Merseyside derby, has been postponed due to severe weather conditions caused by Storm Darragh.
Liverpool could target Barcelona's Frenkie de Jong as Ryan Gravenberch, a key player in their title charge, is linked with a shock January move to Real Madrid.
Newcastle's 3-3 draw with Liverpool revealed a clear blueprint to challenge the Reds, but their lack of a Mohamed Salah-like star made the difference.
Pep Guardiola praised Liverpool's quality after his Manchester City side suffered a 2-0 defeat at Anfield, a result that further solidified the Reds' position at the top of the table.