Arsenal boss Arsene Wenger is ready to compete with Chelsea for Atletico Madrid star Radamel Falcao. The Sunday Mirror says along with a number of other clubs like Chelsea and Paris St Germain, the Arsenal boss is a huge admirer of Falcao, the Atletico Madrid striker.
The prolific Colombia international destroyed Chelsea with a hat-trick in the UEFA Super Cup in August.
His buy-out clause is about £50m - but that could drop because of the country's financial crisis.
If Atletico come down to the £40m, then Wenger could be interested.