The protracted Alexis Sanchez transfer saga took a decisive swing to the red corner of Manchester, with United reportedly close to agreeing personal terms with the star.
Arsene Wenger tried to douse the flames in his pre-match press conference, claiming “nothing concrete” had been agreed by the Chilean.
Wenger, seemingly preparing to lose Sanchez after three and a half years at the club, has stated he won’t sell him without a replacement as they line up Bordeaux’s Malcom.
Arsenal are cleared to land the £45m striker - according to the Daily Mail - after North London rivals Tottenham Hotspur abandoned their interest in the Brazilian.
“I think you are all aware of our interest in Theo and if we can get that one over the line, I would be delighted,” he said.
Walcott is said to be free to leave his parent club amid frustration at a lack of first-team football and Allardyce is keen to add to his forward ranks after signing Cenk Tosun.
Diafra Sakho, also in talks with Crystal Palace, could be part of a swap deal.