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6.15pm Arsenal news LIVE: Mustafi could leave, Aubameyang excited for Pepe link-up, Gunners ‘undersold’ £40m Iwobi – The Sun

ARSENAL finished off a terrific transfer window, with the arrivals of David Luiz and Kieran Tierney on deadline day.

And Aubameyang got them off to the perfect start with a scrappy victory against Newcastle United and is looking forward to linking up with Nicolas Pepe following his debut – but the Gunners are still looking to get Shkodran Mustafi off the books.

Follow ALL of the latest Arsenal news and gossip below…

  • ARSENAL’S transfer window made the majority of Gooners unexpectedly happy.

    But the club’s money men were left in an equally good place.

    Unai Emery may have been told he had a summer transfer kitty of just £45m.

    Yet that did not prevent the Spaniard splashing out an effective £143m to revamp his squad.

    And while part of the unlikely financial balancing was down to football’s special accountancy tricks, Arsenal supporters will see the bottom line as the most important of all.

    Number cruncher Kieron O’Connor, better known by his Twitter handle Swiss Ramble, has outlined just how creative the Gunners were.

  • ARSENAL fans celebrated Alex Iwobi's £40million switch to Everton as the best business of the summer – but computer boffins claim otherwise.

    Shocking new statistics show that Unai Emery's should have demanded £46million for the Nigerian winger.

    Fans thought they had come up trumps as Iwobi scored just 11 goals in 100 league appearances for them.

    But London-based investment company Carteret Analytics have a formula that proves Everton bagged themselves a bargain.

    The system is used to advise seven clubs in England's top two tiers and 12 clubs from Europe and the rest of the world on potential signings.

    Research is based on the intrinsic value of the player – which is a fee based on performances for the selling club and the expected impact for the buying club.

    And the statistics claim Iwobi's value at Arsenal rocketed up to an incredible £46.26m – which is over £6m more than he was sold for.

  • ARSENAL are set to receive more profit with the news that former youngster Jeffe Reine-Adelaide is to swap Angers for Lyon.

    According to Arseblog, the French midfielder is closing in on a move to Lyon that could be worth up to £27.8million with add-ons.

    Reine-Adelaide was sold to Angers last year for £2million, but with a 'sell-on clause' in which the Gunners are likely to receive 10 per cent of any upcoming fee.

  • Unai Emery puts out a statement about Newcastle vs Arsenal

  • Jamie Carragher claims Shkodran Mustafi is 'nowhere near good enough' for Arsenal.

    Despite being a known critic of David Luiz he 'understands' why the Gunners would sign the defender from Liverpool as its an improvement from Mustafi.

    Who is estimated to sell for as little as £15 million, with the Gunners struggling to even get him to go on loan.

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