Aston Villa and Nottingham Forest are ready to rival Arsenal for the signature of Matheus Cunha, according to a report. The Wolves star is refusing to sign a new contract after learning of high-profile interest from elsewhere in the Premier League.

Arsenal boss Mikel Arteta has made it clear he wants to make additions in January and a move for Matheus Cunha could be the most likely as the Gunners seek more firepower

Wolverhampton Wanderers head coach Vitor Pereira says Matheus Cunha is not for sale this month — and confirmed he wants two more signings before the transfer deadline. Pereira says the club are working to add more players before the winter window closes on February 3,

Arsenal are desperate to sign a new striker this month following Gabriel Jesus' injury, with club chiefs now sanctioning a major spending spree for the final weeks of the window

Nottingham Forest are ready to make a club-record transfer bid for Wolves Matheus Cunha and Arsenal are interested in the forward; Cunha has been offered a new contract at Molineux but has two-and-a-h

Matheus Cunha was previously spotted mingling with Arsenal fans outside the Emirates Stadium as speculation over his future at Wolves continues to grow. The striker has been linked with a January move away from Molineux and is said to be admired by the Gunners, who have been tipped to strengthen their forward line before the window closes.

Despite contract talks with the forward stalling, Wolves are confident of keeping Matheus Cunha amid strong interest from Arsenal.

Wolverhampton Wanderers manager Vitor Pereira has addressed the future of star attacker Matheus Cunha amid interest from Arsenal.

Arsenal boss Mikel Arteta admitted "we need help" in attacking areas after injuries to Bukayo Saka and Gabriel Jesus, but refused to talk up the prospect of signing Wolves star Matheus Cunha.

Wolves star Matheus Cunha has been linked with Arsenal and other Premier League clubs as Mikel Arteta's side look to keep their title hopes alive

Barcelona want to sign Marcus Rashford but need Ansu Fati to leave first, with West Ham chasing the likes of Jhon Duran and Brian Brobbey and Neymar closing in on a shock return to first club Santos. Follow all the latest transfer news, rumours and gossip live below!