Rumours: Wenger set to replace Alexis Sanchez with 21-year-old Argentina striker Cristian Pavon and other rumours

Cristian Pavon has been lighting up the Argentinian top division this season. Credit: PA

Arsenal manager Arsene Wenger is on the hunt for an Alexis Sanchez replacement and could turn to 21-year-old Argentina international Cristian Pavon. (TyC Sports - in Spanish)

PSG's Lucas Moura, has reportedly agreed to join Manchester United from, though a fee is yet to be agreed between the two clubs. (Gazetta dello Sport - in Italian)

Manchester City have already agreed £250,000 terms with Alexis Sanchez and are set to offer Arsenal £20m for the forward. (Guardian)

Manchester United striker Zlatan Ibrahimovic could leave Old Trafford before the end of the season. The Swede, 36, is out of contract in the summer. (Yahoo Sport)

Everton are challenging Southampton in the race to sign Theo Walcott, 28, from Arsenal for £20m. (Mail)

Both Liverpool and Arsenal have been quoted in excess of £90m to sign Monaco forward Thomas Lemar, 22. (Mirror)