Zlatan Ibrahimovic poised to make first appearance for the club.
Serbia international has been linked with Manchester United as well.
Ligue 1 club rejected an offer of €35m from the Gunners this week.
Jack Wilshere missed almost the entirety of last season with a broken foot.
The La Liga giants receive €600,000, plus up to €1.7m in add-ons.
John Barnes wants Jurgen Klopp's side to challenge for the title.
Jurgen Klopp has made six signings thus far in the window.
The Chelsea striker remains top priority signing for Atletico Madrid.
Rob Holding was the only player to play the full 90 minutes during Arsenal's 2-1 win over MLS All Stars.
France international reportedly undergoing medical ahead of record move.
Santos have already accepted a €20m offer from the Serie A giants.
Scottish champions warm up for Champions League qualifier against Astana by facing Catalan giants in Dublin.
Arsenal have had a bid turned down by Lyon for striker Alexandre Lacazette.
The 31-year-old captained his country at Euro 2016.
Paul Pogba is set to sign a five-year contract worth £290,000-a-week with Manchester United.
Harry Wilson is the youngest player to represent Wales at the age of 16.
Schweinsteiger has been told he is surplus to requirements at Old Trafford.
John Stones and Leroy Sane have also been linked with a move to Manchester United.
Gabriel Jesus has scored 19 goals in 31 appearances for Palmeiras.
Tevez revealed offers to return to Europe but wants to stay in his homeland.
Arsenal and Liverpool are reportedly also interested in the Spaniard.
Spurs have already signed Victor Wanyama and Vincent Janssen, while Georges-Kevin Nkoudou is also set to join.
Didier Drogba, Andrea Pirlo and Kaka are among options in MLS side.
Clement is currently working alongside Carlo Ancelotti in Bavaria.
Grujic wants to play alongside Matic for Serbia.
La Liga giants have presented their economic data for 2015-2016, with €678.9m in revenues.
Dutch striker looks set to leave Fenerbahce this summer, just a year after joining from Manchester United.
Pochettino has confirmed that influential centre-back is close to returning from an ankle injury.
Barca fans believe Lyon star should be top priority this summer.
Tottenham have made two signings thus far this summer.