According to BBC & ESPN, Arsenal have rejected a formal offer made from Spanish giants Barcelona, making the following statement
"In response, we immediately and resolutely told them once again we have no intention of selling our captain."
The Arsenal statement added: "To be clear, we will not make any kind of counter proposal or enter into any discussion.
"Barcelona have publicly stated that they will respect our position and we expect that they will keep their word."
Meanwhile Arsenal veteran Sol Campbell's time at Arsenal could already be at an end with the defender having opened talks with Celtic.
Chelsea may soon be facing a raid from former manager José Mourinho, as the Real Madrid boss looks at adding Frank Lampard and Ashley Cole to his teams roster for next season.
Jermaine Beckford has cast doubt over Yakubu’s future at Everton by completing a free transfer to Goodison Park from Leeds United, Yakubu will more then likely head to London to join Avram Grant at West Ham
Fulham hope to land Burnley defender Andre Bikey for a knockdown £1m price, while it looks certain that Paul Konchesky will move to Birmingham City. While Andranik Teymourian has been linked to several clubs in the Championship, it is reported Mark Robins is keen to add the midfielder to his Barnsley roster after an impressive loan spell in 2009.
Call it ambitious but Liverpool are preparing to offer Manchester City £22 million for the services of Micah Richards, Nedum Onuoha and Michael Johnson. The funds could come from the sale of captain Steven Gerrad who has become another target of the special one Joe Mouinho.
Manchester City look to swoop David Silva, It is believed that City chief executive Garry Cook met Valencia president Manuel Llorente in Spain last night to discuss the transfer of youngster David Silva away from the cash strapped club. While Cardiff City look to sign Welsh international Craig Bellamy from the citizen's.
The Mirror reported that Real Madrid's Edwin van der Vaart is the latest name to be linked with a move to Old Trafford, The Reds are believed to be willing to pay £20 million for the dutch midfielder
Stoke City boss Tony Pulis will make a £12 million bid to bring West Ham striker Carlton Cole to the Brittania Stadium as well as a £2 million offer for England international Emile Heskey.
Sunderland are reportedly set to lose out to West Ham in the race to sign French international Sidney Govou from Lyon.
Roman Pavlyuchenko could be involved in a player-plus-cash deal to move to Lokomotiv Moscow with striker Peter Odemwingie moving to White Hart Lane, as well as a £9 million bid to sign Micah Richards away from Man City.
Avram Grant looks to take Portsmouth quartet Tal Ben Haim, Kevin Prince Boateng, Nadir Belhadj and Jamie O'Hara with him, to the West London Club
Stay tuned for more rumours as we approach the World Cup
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