Arsenal have reportedly held fresh talks with Southampton for winger Alex Oxlade-Chamberlain.
The 17 year old England U21 star has been a long-term target for Gunners boss Arsene Wenger.
The youngster have also attracted the interest of Premier League champions Manchester United and Liverpool.
It is said that the Southampton star has all but agreed on a contract, but The Saints are said to be unhappy with the offer they have received.
The 'Young Guns' website reports the two clubs are still some way apart in their valuation of Oxlade-Chamberlain.
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