Arsene to splash ВЈ50million on new striker or maybe just Danny Welbeck?

Is Edinson Cavani the Arsenal saviour?

Edinson Cavani or Danny Welbeck, Edinson Cavani or Danny Welbeck, Edinson Cavani or Danny Welbeck...sometimes decisions should be hard and sometimes maybe less so. Alex Johnson rounds up the latest transfer rumours from the back pages.

With Olivier Giroud reportedly out for up to three months, Arsenal appear to be ready to spend big to sign PSG's Edinson Cavani.

According to the Daily Express, the Gunners are willing to offer 50million for his services before the end of the transfer window on Monday.

Although Arsenal have the likes of Alexis Sanchez, Joel Campbell and Yaya Sanogo at their disposal, Arsene Wenger appears to want to add a world-class striker to his squad as they try to win the title this season.

The Daily Mail believe that Wenger will make a move for Manchester United forward Danny Welbeck, who could leave Old Trafford this summer, and Arsenal are hoping to tempt him away from the Red Devils.

With Robin van Persie now back to full fitness, Welbeck may consider the move as he tries to find more first-team football ahead of the European Championships in 2016.

United boss Louis van Gaal is reportedly ready to make a shock move for Liverpool midfielder Joe Allen.

Although the two Premier League rivals have not agreed a transfer in 76 years, van Gaal believes he could persuade Allen to switch allegiances.

The Daily Star believe the former Netherlands boss could make a 20million offer for Allen who is in and out of the first team at Anfield. Allen was wanted by United a number of years ago but they were put off by Swansea's asking price.

The Star are also reporting that Ajax defender Daley Blind is in talks with United. Reports suggest that former goalkeeper Edwin van der Sar is trying to help negotiate the deal which could reach 18million.

After selling Angel Di Maria, Real Madrid are looking to spend the money on Monaco forward Radamel Falcao. Le Sport 10 claim that Falcao will move to the Santiago Bernabeu despite his claim last week that he wants to stay in Ligue 1.

West Ham are reportedly willing to sell midfielder Momo Diame this summer with Queens Park Rangers currently leading the chase.

Former Hammers boss Harry Redknapp has wanted Diame for the last year, according to the Daily Mirror, and it now appears he may get his man.

The Senegalese star has found himself out of the first-team picture at Upton Park and Redknapp is eager to bolster his midfield options after two defeats so far in the Premier League this season.