According to the latest reports, Arsenal are closing in a move for Julian Draxler from Schalke. Transfer fee is reported to be around £35million.

But contradicting these reports, Arsenal legend Martin Keown casts his doubts over the credibility of these reports. He said Arsenal will wait till Summer to spend cash on another marquee signing.
He said, (Source: Talk Sport)
“If Arsenal are going to buy a player now, it’s got to be a ready-made player, like Mesut Ozil was,”
“Wenger is the sort of manager who deals himself a hand at the start of the season, and then plays it.
“He doesn’t like dipping in [to the market in January]. They’ll be saving their money for an Ozil like signing in the summer.”