Arsenal are yet to make a mark in the January transfer window.
Mikel Arteta's side have been linked with multiple incomings and outgoing but supporters are yet to see the Spaniard's first acquisition.
Nevertheless, the transfer rumours mill has been in full swing with 15 days remaining on the January window.
Here, we round-up the day's latest Arsenal transfer news ahead of their weekend clash with Sheffield United in the Premier League.
Lemar transfer decision
Thomas Lemar is a wanted man if reports are to be believed.
Arsenal, Tottenham and a host of European clubs have all been linked with the French winger during the January transfer window.
However, according to French outlet Le10 Sport , Lemar has poured cold water on any potential move and wants to stay with Atletico Madrid until the end of the season.
Whilst the 23-year-old hasn't been a regular in Diego Simeone's team, he does not want to move to a new country ahead of EURO2020.
Mustafi to depart

Arsenal outcast Shkodran Mustafi could leave the club this month with Galatasaray preparing an offer.
The German defender has endured a nightmare 18 months at the Emirates Stadium and remains out of favour with Mikel Arteta.
According to the latest reports from Turkish-Football , Galatasaray are looking to take Mustafi on loan until the end of the season.
However, with Callum Chambers out injured, it's unlikely that Arteta will sanction the move without a replacement.
Arsenal target Tsimikas
Arsenal are in pole position to sign Olympiakos left-back Konstantinos Tsimikas this month.
Injury to Kieran Tierney has left the Gunners in need of reinforcement with Sead Kolasinac remaining as Arteta's only option in that area.
However, the latest reports from Corriere dello Spor t claim that Napoli are also in the running but sell Faouzi Ghoulam before pursuing a bid, leaving Arsenal in pole position.
Paris-Saint Germain defender Layvin Kurzawa has also been touted as a potential recruit for the Gunners.