The Argentinian forward will miss the tour to Australia as his exit from the Calderon looks imminent.
However, the club categorically deny local reports that such an offer has now been increased to £40m.
The Gunners have made three signings thus far in the transfer window.
Nigerian has spent previous three seasons on loan at Premier League rivals.
Australia international Brad Smith is set to depart on a permanent deal to Bournemouth.
Adnan Januzaj made his full Manchester United debut under David Moyes in 2013.
Serie A giants still have to agree terms with the 19-year-old starlet.
Wenger is looking to add another defender and an attacker to the squad this summer.
Martin Jol has contacted Jose Mourinho altering him to the Egypt international.
The Hammers have already agreed terms with AC Milan for the Colombian but he wants to play Champions League
England international says Reds have the squad to cope with an injury crisis.
Argentina international to stay with Boca until the end of his career despite a raft of offers.
Mamadou Sakho will join Brad Smith on his way back from the States to England.
France international remains coy on Old Trafford return.
Kelechi Nwakali captained Nigeria in the U17 World Cup in Chile last year.
Allen is Stoke City's second summer signing, following the transfer of Ramadan Sobhi.
Manchester City are leading the race in signing Gabriel Jesus.
Mertesacker was part of their first pre-season game against Lens.
Georginio Wijnaldum confirmed interest from Everton before joining Liverpool.
Juventus take on Tottenham in the International Champions Cup in Melbourne, Australia.
La Liga giants have agreed to pay €35m plus €20m fee on add-ons.
It was initially believed that Ante Cacic's Croatia would visit Wembley in a friendly clash on 1 September.
Bruno Satin confirms both Premier League club want his client.
Midfielder-turned-coach and media pundit has been banned from driving for four years.
Reports suggested that the AFA was seeking to approach 44-year-old over his availability.
The 35-year-old has signed a one-year contract at Celtic Park to reunite with Brendan Rodgers.
Spurs boss also revealed that Marseille target Clinton Njie's omission from Australia trip was due to injury.
Jamie Vardy scored 24 goals for Leicester in the league last season.
The Reds have made six signings so far.
Manchester United finished fourth and fifth in the last two campaigns under LVG.