Arsenal have no chance of signing Philippe Coutinho, claims European transfer expert Julien Laurens.

The Brazilian is a target for the Gunners, Chelsea and Tottenham.

But Laurens says Arsenal cannot afford to pay Coutinho's exorbitant wages or a loan fee.

"No chance, it's impossible," Laurens told ESPN. "I know where it comes from, it comes from France, a newspaper with no credibility whatsoever.

"We could talk about it but there's no chance.

"It's not my one and the only thing that could make people doubt slightly is that Coutinho's agent is obviously Kia Joorabchian, who is very, very good friends and very close to Edu, the Arsenal sporting director, but that's where it stops.

"Arsenal cannot afford either a transfer fee, his wages, not even a loan, a paying loan or anything like this.

"There were already links last summer with Coutinho.

"Even if Mesut Ozil leaves, they're not going to replace him with Coutinho.

"So this one I can guarantee you will never happen."