Alex Oxlade-Chamberlain is prepared to quit Arsenal this summer.

The Mirror says Oxlade-Chamberlain is ready to quit Arsenal this summer as he has only one year left on his contract and has turned down two new offers.

Oxlade-Chamberlain has a lot of respect for Arsene Wenger and the fans but believes his future could lie elsewhere. Liverpool are keen while Chelsea are also watching developments.

Gunners boss Wenger has held face-to-face talks with Oxlade-Chamberlain during the club's pre-season tour of Australia and China.

Oxlade-Chamberlain has made it clear that he will not sign a new deal and it is not about money but has often been left frustrated at Arsenal because of injuries and not being in the team.