Arsenal are likely to sell Matteo Guendouzi, Alexandre Lacazette or Lucas Torreira to raise the funds required to sign Atletico Madrid's defensive midfielder Thomas Partey.

The club are confident that the 27-year-old Ghanaian will sign but Arsenal are facing huge losses with the Arsenal Supporters' Trust estimating that next year's deficit could be £144million. 

Partey is understood to be keen to join Mikel Arteta next season and the Arsenal manager has him marked down as a key arrival.