Liverpool are on the verge of signing Alex Oxlade-Chamberlain for £40m from Arsenal and could take their spending inside a week to around £170m should Monaco sanction the sale of Thomas Lemar on transfer deadline day. Providing there are no unforeseen problems with the medical, Oxlade‑Chamberlain will become Liverpool’s second signing of the week following Naby Keïta. Arsenal initially refused to hold talks with Liverpool over Oxlade-Chamberlain with relations between the club strained by the Luis Suárez dispute of four years ago. The midfielder started all four competitive games for Arsenal this season but rejected repeated attempts by the club to extend his contract. The competition may intensify this season with Liverpool refusing to concede defeat in their pursuit of France international Lemar.

Source: The Guardian August 30, 2017 18:01 UTC