We round up the latest Arsenal transfer news from Tuesday, January 8.

The big news from Arsenal is their chase for Barcelona midfielder Denis Suarez, with the London Evening Standard reporting that Unai Emery has urged Arsenal to find the cash to complete a deal this month.

The newspaper says that head of football Raul Sanllehi is generally reluctant to do business in January and a summer move is a more realistic prospect.

However, the Mirror says that Barcelona want to keep Suarez at the club this month, and although they could lose him in the next window, they are not ready to part with him just yet.

His arrival could mean the departure of Henrikh Mkhitaryan, according to The Sun, who say he may be surplus to requirements should Suarez arrive at the Emirates.

Elsewhere, Corriere dello Sport report that Arsenal are close to dropping out of the race for Roma winger Cengiz Under.

The Serie A club reportedly want close to £45m for the Turkey international, with Chelsea and Bayern Munich already ending their interest over the fee.

1:00 Unai Emery says Arsenal are working to sign new players in January but he is unsure if Denis Suarez will join from Barcelona

Staying in Italy and Sky Italia are saying the Arsenal have made contact with Yannick Carrasco over a move back to Europe.

They say that the Emirates is the preferred destination of the 25-year-old - with Manchester United and Milan also interested - with the winger spending the last year in China with Dalian Yifang.