Transfer negotiations are ongoing between Arsenal and Leicester over Jeremy Monga, the highly-rated forward - with multiple reliable sources confirming the story. The clubs are believed to be some way apart on valuation, but dialogue is open as they look to strike a deal ahead of the run-in. Unconfirmed reports suggest both sides are hopeful of finding a resolution in the coming days - with other interested clubs said to be circling. Arsenal remain optimistic, but the deal is not without hurdles. Newcastle, Liverpool and Tottenham continue to monitor developments and could yet re-enter the race if negotiations stall or valuation gaps remain unresolved. Arsenal have recently been linked with Ezri Konsa, Illan Meslier and Curtis Jones while Leicester have had no rumoured targets. Need more Arsenal transfer rumours? Stay tuned to PlayerSwitch for live transfer news and rumours from across the world of football.