Arsenal are haggling over terms with Southampton for winger Alex Oxlade-Chamberlain.

The Mirror says Arsenal are keen on Southampton wonderkid Oxlade-Chamberlain, 17, but there may be a sticking point over when he joins.

Arsenal would not want to loan him back if they push through a £5m deal.

Manchester United are also chasing the teen - and would be willing to send him back to St Mary's on-loan.

 It's all kicking off again! Click here for the No1 coverage of Arsenal's winter market transfer news.