Gunners & Chelsea target to sign new contract
Arsenal and Chelsea face the prospect of missing out on highly-rated Valencia striker Paco Alcacer as he opens talks over a new contract, according to the Daily Star.
The in-form 21-year-old has been targeted by both Premier League giants in recent times, but may put pen to paper on a new deal that would see his release clause rise to £40m.
Arsenal are in particular need of new signings upfront after losing Olivier Giroud to injury and with Danny Welbeck struggling to settle at the Emirates Stadium.
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