Arsenal transfer news LIVE: £51.3m Gabriel Martinelli deal, Myles Lewis-Skelly to Man United, latest updates today

Hello and welcome to Sports Mole's live Arsenal transfer news blog on Tuesday, August 25!

With just under a week to go until their beloved team are next in action, the Gunners faithful are currently fixed on the latest Julian Alvarez developments as Andrea Berta's attacking search ramps up.

Stay entirely up to date with the latest Arsenal done deals and rumours with our social-led live blog below!

Today's Arsenal transfer headlines

Gabriel Martinelli 'getting closer' to Al-Hilal

Arsenal's Myles Lewis-Skelly asking price revealed

Arsenal transfer news today: What's happening on August 25?

The Gabriel Martinelli transfer situation reached a pivotal moment on August 24, as an improved bid from Al-Hilal brought Arsenal and the Saudi club significantly closer to an agreement, with the decision now understood to rest entirely with the Brazil international himself.

Martinelli has been linked with a departure throughout the summer, with Galatasaray's £38.4m offer having already been rejected by the player earlier in the window, but Al-Hilal's revised proposal is described as representing more serious progress toward a deal.

The Julian Alvarez saga also produced an unexpected development, with separate reports indicating that the Argentina striker has softened his transfer stance and that the door Arsenal believed had closed is now, at least partially, open again.

Atletico Madrid are believed to have been prepared to sanction a sale to Arsenal in principle throughout the summer, meaning a renewed willingness from Alvarez himself would remove the primary obstacle that appeared to kill the deal earlier in the week.

Arsenal's insistence on protecting their wage structure remains the central financial constraint on any Victor Osimhen or Alvarez deal, with both players earning significantly above the Gunners' current internal benchmarks for non-elite starters.

The Myles Lewis-Skelly saga also reared its head again, with Arsenal having revised their asking price for the 19-year-old upward in response to renewed interest from Manchester United, who have identified the Hale End graduate as a potential Lewis Hall alternative.