Arsenal have held fresh talks with Southampton for winger Alex Oxlade-Chamberlain.

The teen has been a long-term target for Gunners boss Arsene Wenger and is also interesting Manchester United and Liverpool.

The England Under 21 international has all but agreed on a contract, but Southampton are yet to receive an offer they are happy with.

The 'Young Guns' website reports the two clubs are still some way apart in their valuation of Oxlade-Chamberlain.

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