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If the opening fortnight of January has taught the football world anything, it's to expect the unexpected.

So far, Arsenal manager Mikel Arteta has been tight-lipped about the prospect of any transfer business being carried out this month. The Gunners are competing on four fronts and travel to Stamford Bridge for the first leg of their League Cup semi-final against Chelsea on Wednesday night.

But in the background, the north Londoners are being linked with football stars across Europe and the world. They may even be able to take advantage of the uncertainty at Real Madrid, caused by the sudden exit of Xabi Alonso. Here's all the latest transfer news from the Emirates.

Spanish outlet Defensa Central has claimed Arsenal are considering a move for Real Madrid prodigy Arda Guler.

The young Turkish midfielder played an enormous role under Alonso, before the ex-Bayer Leverkusen manager departed the club after the defeat to Barcelona in the Super Copa final, reports the Mirror.

Under Carlo Ancelotti, Guler did not have the same level...

Continue Reading: Arsenal take 'formal steps' towards £43m transfer as giants braced for bid

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