6.30pm Arsenal transfer news LIVE: Torreira can join AC Milan for £45m, Vitolo-Bellerin exchange, Koscielny two-year Lyon deal

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ARSENAL are aiming to strengthen their squad in the summer transfer window.

But Unai Emery has only £40m to spend after the Gunners missed out on a Champions League place.

Follow all of the latest Gunners transfer news, gossip and updates below…

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