Cunha was early this month reportedly close to agreeing a new contract with Wolves but in the last week there have been suggestions the forward is ready to explore a change of clubs. A price tag of £60million has been mooted.

Arsenal boss Mikel Arteta has made it clear he wants to make additions in January and a move for Matheus Cunha could be the most likely as the Gunners seek more firepower

FootballTransfers understands that personal terms are not an issue in Arsenal's pursuit of Matheus Cunha. The Gunners are scouring the striker market for potential January opportunities and the versatile Wolves forward is one of the names under serious consideration.

Wolves manager Vitor Pereira insists Matheus Cunha is not for sale and has not asked to leave the club, amid interest from a string of Premier League sides. The 25-year-old has been in good form this season, scoring 10 goals in the top flight despite Wolves struggling for results.

Arsenal boss Mikel Arteta admitted "we need help" in attacking areas after injuries to Bukayo Saka and Gabriel Jesus, but refused to talk up the prospect of signing Wolves star Matheus Cunha.

Arsenal manager Mikel Arteta has hinted that the club could enter the transfer market before next month's deadline in a bid to add a new forward to the Spaniard's squad

Arsenal cannot afford to lose further ground in their bid to haul in Liverpool in the title race, while Wolves desperately need points in their battle against relegation.

Nottingham Forest are ready to make a club-record transfer bid for Wolves Matheus Cunha and Arsenal are interested in the forward; Cunha has been offered a new contract at Molineux but has two-and-a-h

Matheus Cunha was previously spotted mingling with Arsenal fans outside the Emirates Stadium as speculation over his future at Wolves continues to grow. The striker has been linked with a January move away from Molineux and is said to be admired by the Gunners, who have been tipped to strengthen their forward line before the window closes.

Arsenal fans believe that they are going to sign Wolves star Matheus Cunha this month after a new report about his future.

Nottingham Forest have also made a bid for Brentfords Yoane Wissa; Arsenal in need of more forwards following injuries to Bukayo Saka and Gabriel Jesus; Matheus Cunha unlikely to sign new Wolves contr

Chelsea continue to be linked with all manner of moves too. Manchester United ’s Alejandro Garnacho has been tipped as a Blues target and fresh reports claim the Blues have now made contact with the Premier League rivals over a potential move for the Argentina international.