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With a third of the summer transfer window having been and gone, it remains to be seen what wonders Unai Emery can come up with on a shoestring transfer budget. Today's Gunners transfer roundup includes an update on a Scottish international, a blow in regards to a French youngster and foreign interest in one of the club's midfielders.

Tierney is top target

According to the Daily Mail, Emery has identified Celtic's Kieran Tierney as his number one left-back target. Tierney, however, is under contract with the Scottish champions until 2023, and the Emirates outfit may need to part with a fee in the region of £20m to secure his signature.

Claude-Maurice prefers Mönchengladbach

Despite strong interest in the player, Arsenal are set to miss out on 21-year-old Lorient star Alexis Claude-Maurice according to L'Equipe via Sky Sports. Earlier reports had suggested that the forward was prepared to reject as many as ten clubs to move to north London. However, Claude-Maurice has now confirmed that he wants to sign for Borussia Mönchengladbach instead.

Atletico after Xhaka

The Mirror is reporting that Atletico Madrid are interested in signing Granit Xhaka. The Spanish club are looking for a replacement for Rodri, who is in talks with Manchester City, and the 6 foot midfielder is seen as a good option. Inter Milan are also believed to be pursuing in the Swiss international but Arsenal don't want to sell.