Joao Mario will not be allowed to join Arsenal in a swap deal for Mesut Ozil, according to reports.
The Inter Milan midfielder has been touted as an option for the Gunners with Ozil looking increasingly likely to leave at the end of his contract.
Calciomercato report that Arsenal would consider a January trade between the two players to prevent Ozil leaving for free - but Inter are said not to be keen.
There have been no signs of progression in Ozil's contract talks with Emirates chiefs.
German World Cup winner Ozil, 28, is free to walk away from the club at the end of the season and is demanding around £300,000-a-week to stay on.
Transfer stories from Thursday's Mirror
Rock-bottom Crystal Palace are ready to step up their attempts to land free-agent Carlton Cole to ease their striker crisis.
Jose Mourinho reportedly sent scouts to Italy over the weekend to watch Roma midfielder Radja Nainggolan.
FIFA have confirmed the FA are backing Leicester's bid to complete the £22million signing of Adrien Silva outside the transfer window .
Real Madrid are reportedly keen on a January move for Paris Saint-Germain forward Julian Draxler, according to German media.
Manchester United, Arsenal and Everton all had scouts at Keinan Davis' latest impressive display
Other stories from Thursday's Mirror
Gareth Southgate will include Dele Alli in his latest England squad on Thursday — despite the threat of the Tottenham midfielder facing a lengthy FIFA suspension
Ronald Koeman claims Idrissa Gueye deserves a new deal and pay-rise at Everton
Transfer news and gossip from other sites and papers
Manchester United warned Senegalese wonderkid Krepin Diatta will cost "a lot of money". (ESPN)
Liverpool, Arsenal and Real Madrid are battling it out for Borussia Dortmund sensation Christian Pulisic. (Star)
Arsenal are keeping tabs on Chelsea youngster Charly Musonda. (Standard)
Watford's Richarlison turned down Ajax in order to join the Hornets this summer. (Watford Observer)