Leicester head coach Claudio Ranieri will be eager to add experience this summer ahead of the Foxes' maiden UEFA Champions League campaign and has been urged by former player-turned-pundit Jamie Redknapp to strengthen his squad, per his Daily Mail column.
Per the Premier League's official site, Ranieri named the same starting lineup on 13 occasions this season, with the team thriving under familiarity. However, the Italian's squad will now be stretched with the additional European encounters.
Per Stammers, Leicester are interested in recruiting the Gunners wide man, with the England international providing Champions League experience despite his tender age.
The 22-year-old has lost his place in the Arsenal team under Arsene Wenger, with injuries and the emergence of talent at the Emirates Stadium forcing him further down the pecking order—forcing him to miss out on a place in Roy Hodgson's England squad for Euro 2016.
Oxlade-Chamberlain is currently out of action with a knee injury but is expected to return for pre-season. However, Jack Wilshere, Santi Cazorla, Theo Walcott and Alex Iwobi remain ahead of him in the battle to secure a first-team spot in the highly contested Arsenal midfield.
According to Stammers, Wenger could use the money from the sale of the former Southampton winger to reimburse on another one. Senegalese attacker Sadio Mane has enjoyed a productive season on the south coast at St Mary's Stadium and could be purchased with a bid of £17 million after scoring 11 goals and providing six assists in 27 Premier League appearances in 2015-16, per WhoScored.com.
The north Londoners are keeping their options open ahead of the transfer window after failing to sign one outfield player last summer. Arsenal are eager to make a move for Bolton Wanderers youngster Rob Holding but have been told he will cost £7 million, per the Sunday Express.
The former top-flight club will ply their trade in League One next term following a dismal Championship campaign, as they finished as the division's basement club.
Per the Express, Wenger has made a £750,000 offer for the England under-21 international, who is currently away with the national team at a junior tournament in Toulon, France. However, Bolton have reportedly responded to the interest by issuing a statement suggesting the Gunners must return with an offer 10 times that valuation in order to pry the player away from the Macron Stadium.
The versatile centre-back voiced his pride at being called up to the England side:
Named as the Trotters' Player of the Year, the 20-year-old is a talented centre-half who is equally comfortable playing as a right-back. A gifted ball-playing defender, Holding is built in the mould of a modern back-line player, confident enough to bring the ball away from danger with composure and willing to maintain possession whilst under pressure.
As one of the club's prime assets, Bolton are unwilling to allow their academy graduate to leave the club on the cheap, with Arsenal prepared to return with a £2 million offer plus bonuses, per the Express. In spite of Bolton's reservations, Holding is reportedly interested in making the step up to the top flight as opposed to dropping into the third tier next season.