According to the Evening Standard, the Gunners are eyeing two more big-money signings in the summer, with Bordeaux winger Malcom joined by Atletico Madrid goalkeeper Jan Oblak on the club's shortlist.

The report also suggests that Arsenal will return for West Brom defender Jonny Evans, who could be available for as little as £3m if the Baggies suffer relegation.

Arsenal have plenty of work to do themselves before the end of the season, with their top targets unlikely to move to the Emirates Stadium unless Champions League football is secured.