Arsenal are the overwhelming favourites to sign German playmaker Julian Draxler for around £40m.
Bayern Munich chairman Karl-Heinz Rummenigge has ruled out a summer transfer bid for Schalke midfielder Draxler leaving Arsenal with a free run for the 20-year-old.
Spurs midfielder Paulinho could be on his way to Roma, according to reports. The Brazilian has hardly set the world alight at White Hart Lane and wants Champions League football next season. Spurs, meanwhlile, are favourites to sign Arsenal target Loic Remy.
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