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Arsenal ready to improve bid for Southampton superkid Oxlade-Chamberlain

Arsenal boss Arsene Wenger hopes to push through a deal for Southampton winger Alex Oxlade-Chamberlain.

The Daily Mail says Wenger will table an improved offer for Southampton starlet Oxlade-Chamberlain this week.

Arsenal have already had a £10m bid - made up of a £5m downpayment with the rest in performance related add-ons - rejected.

Saints chairman Nicola Cortese wants more of the fee up front, and his insistence on a hefty sell-on clause has also proved a stumbling block. The Gunners will this week increase the downpayment offer to £6.5m.

 It's the home stretch! 24/7 click for the best coverage of Arsenal's final transfer market moves

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