Arsenal were actually offered the chance to sign Ollie Watkins for £60m before making a £40m bid for the player.

Arsenal made an unexpected bid for Aston Villa striker Watkins – who has contributed ten goals and five assists in 23 Premier League appearances this term – with initial reports claiming they offered £60m but it was revealed yesterday that the bid was more like £45m.

Arsenal would ‘prefer’ to sign two alternative strikers to Ollie Watkins but have ‘panicked’ in the final week of the transfer window, according to former Gunners midfielder Emmanuel Petit. The north London club are considering making a second offer for England international Watkins after seeing their opening £60m bid rejected by Aston Villa.

Arsenal may have been handed a slight boost in their bid to sign Aston Villa star Ollie Watkins, with ESPN journalist James Olley stating that the talisman is 'open' to a move to north London - though a deal may not happen in the January transfer window with any potential capture being 'complicated'.

The transfer window is approaching its final week as clubs in the Premier League and across Europe seek to close out deals

Arsenal are interested in signing England international striker Ollie Watkins from Premier League rivals Aston Villa in the January transfer window.

The clock is ticking for Arsenal as deadline day looms, yet Mikel Arteta's team have not made a single signing. The Gunners could certainly benefit from some fresh faces to bolster their squad for the coming months.

Arsenal show transfer intent as shock Ollie Watkins move proves major point - Mikel Arteta clearly believes there is still plenty left for the Gunners to play for this season

A proper Super Sunday treat, plus the chance to find out exactly where the heads of Ollie Watkins and Ange Postecoglou are currently located.

Spurs have agreed to sign Manchester City youngster Daniel Batty, while Liverpool are still eyeing Rayan Cherki but could face strong competition. West Ham are busy in the final days of the window, with confidence over Evan Ferguson after a bid for Ricardo Pepi. Follow the latest transfer news, rumours and gossip below!

So get your questions in now for Art and he will be with you between 4pm and 5pm GMT (11am to 12pm ET) to answer as many as he can

Arsenal's £60m bid for Ollie Watkins has been rejected by Aston Villa, with the Gunners set to return with an improved offer.