Arsenal are preparing for a potential exodus of players in the finals days of the transfer window, with the club finalising the 7 million departure of Kieran Gibbs to Watford and prepared to sell Alex Oxlade-Chamberlain, Shkodran Mustafi and Lucas Perez.

Major incoming signing are now unlikely but a combination of Oxlade-Chamberlains ongoing refusal to accept a huge new contract offer of 180,000-a-week and Wengers desire to reduce his squad has meant that there will still be significant transfer activity at Arsenal between now and Thursday.

Oxlade-Chamberlains participation against Liverpool today is in doubt following his failure to agree a new contract and, unlike their stance with Alexis Sanchez, Arsenals attitude is that they are ready to sell rather than potentially lose him for nothing next year if the valuation is met. Chelsea and Liverpool are interested and preparing to bid but, as of Saturday morning, Arsenal had not received the expected 35 million offer.

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Arsenal prepare for player exodus in finals days of transfer window - will Alex Oxlade-Chamberlain be one of them? -

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