Arsenal announced the signing of winger Nicolas Pepe from French side Lille on Thursday for a club-record fee reported to be £72 million ($87 million).

Arsenal have beaten Tottenham to the signing of teenage defender William Saliba from Saint-Etienne for £27m, on the day Real Madrid midfielder Dani Ceballos also joined on loan.

Arsenal are set to sign Saint-Etienne defender, William Saliba in a 30 million euro (£27m) deal that will see him loaned back to the Ligue 1 club next season. The Gunners will pay for the 18-year-old in instalments, which will not have a major impact on their restricted budget of around £45 million for this…

There is a tug-of-war ensuing in North London, reports 90maat.com. At one end of the rope, Arsenal’s supposed ‘shoestring’ budget – due to them finishing fifth last season...