Transfer news live: All the latest on all the big moves on Transfer Deadline Day

Intriguingly though, Arsenal may yet sign another player before the window shuts tonight.

According to John Cross, Wenger is now in the market for a loan deal and hasn't given up on Barcelona youngster Cristian Tello - even though Barca are reluctant to loan him as they want him as cover at the Nou Camp.

The Gunners have also enquired about Real Madrid’s Alvaro Morata and borrowing him would be ideal, as they would prefer to wait and go for a big name striker in the summer - when they are also likely to be back in for Draxler.

Thomas Niedermueller

MUNICH, GERMANY - SEPTEMBER 06: Miroslav Klose of Germany celebrates after scoring the opening goal of the FIFA 2014 World Cup Qualifying Group C match between Germany and Austria at Allianz Arena on September 6, 2013 in Munich, Germany. (Photo by Thomas Niedermueller/Bongarts/Getty Images)

Another option could be Germany legend Miroslav Klose, now 35 years old, of Lazio.

Elsewhere, Arsenal insist Mirko Vucinic can't have turned them down - because they have never been in for the Juventus striker. They also say they were offered Fulham's Dimitar Berbatov, rather than the other way round.