While the Gunners have made progress, agent Mustafa Dogru outlines there are plenty of clubs across Europe chasing Soyuncu.
“He first scouted him back in Germany. Sven is interested in Caglar, there are concrete talks, all that remains is for a fee to be agreed. We will see what happens next.
“What I will say regarding the Liverpool link is that there were four to five Premier League clubs scouting him over the international break.
“There are four Premier League sides who've made a move for Soyuncu, that we are in talks with.
“There is also interest from Atletico Madrid in Spain and a few clubs in France, Italy and Germany.
“I'm not surprised by the interest, Caglar is a modern defender, he's mobile, fast, dual-footed, has an excellent passing range. He's tough and very physical, I think the Premier League is ideal for a defender with his attributes.
“I think he is ready now for a new challenge but we will see what happens."