The winter transfer window is quickly approaching for Premier League clubs, which means that the speculation and rumor mill continues to operate at a frenetic pace.
Arsenal are not spared, with the Gunners linked to several world-class players about prospective moves to the Emirates, whilst several current players have been linked with a move away from the North London club once January rolls around.
Who's reportedly coming and leaving the club? Read on to find all the latest Arsenal transfer news, rumors and updates.
Arsenal are reportedly considering a bid for Manchester City forward Edin Dzeko, who netted the game-winning goal once again this weekend.
The Daily Mirror reports that the Gunners are considering boosting their attacking options further with Dzeko, who is believed to be frustrated about the lack of starting opportunities given by the defending English champions.
Manager Arsene Wenger reportedly tried to sign Dzeko before he moved to the Etihad Stadium but failed.
Wilfried Zaha continues to be linked with a move to the Premier League despite his current club, Crystal Palace, stating that they will not be selling the starlet over the winter transfer window (per Talksport).
Arsenal will reportedly make a £7-10 million bid for Zaha, with the club needing another wide player if they sell Theo Walcott and/or Andrey Arshavin this January (per The Daily Mirror).
Chelsea are the latest club thought to be interested in England international Theo Walcott, who appears posed to leave Arsenal this winter after failing to agree on a new contract with the club.
Manager Arsene Wenger has denied that he is freezing Walcott out of the club due to any breakdown in contract negotiations (per ESPN Soccernet).
Queens Park Rangers manager Mark Hughes has stated that attacking midfielder Adel Taarabt will stay at the London club despite interest from Arsenal this January—admitting that he is key to the club's chances at avoiding relegation this season.
The Daily Mail reports that Hughes knows Taarabt "is very happy here and sees his future here."
But with the threat of relegation looming this season, you'd have to think that a move over the January or even summer transfer window is inevitable for the Moroccan international.
The Daily Mail reports that Arsenal are readying a sensational £30 million bid for Edinson Cavani in order to get the Gunners season back on the right track.
The club reportedly sent a talent spotter to Italy during the week to watch Cavani, who put on a sensational display for the scout—netting all four goals to lead Napoli back to victory over Dnipro Dnipropetrovsk in the Europa League.
Arsenal appear all but content to let Emmanuel Frimpong leave the club over the winter or summer transfer window after failing to offer the academy graduate a new contract (per The Daily Mirror).
Championship club Wolverhampton Wolves are thought to be interested in a deal for the midfielder, who has not impressed manager Arsene Wenger with his attitude and discipline this season.
Arsenal defender Carl Jenkinson has signed a new five year deal that will keep him at the club until 2018, according to The Metro.
A string of strong performances from the 20-year-old earned him the new deal—believed to be worth around £30,000 per week—and also earned him a recent call-up to England's international squad.
We close out our Arsenal transfer news for the week with striker Marouane Chamakh, who recently stated via The Express that he will consider new options for his future.
I think I can bring something to the team but I have to make a decision in the summer. If I return to France, it will only be for Bordeaux.
Chamakh has flopped since his arrival from Ligue 1 in the 2010/11 season.
Any Arsenal transfer news or rumors that we missed?
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