The transfer window may be closed, but rumours and speculation continue to swirl as Arsenal eye possible January reinforcements.

The Gunners spent more than many expected during the summer - most notable their club-record purchase of Nicolas Pepe - and could look to further strengthen their squad when the window reopens.

Here, Sports Mole rounds up the latest news on possible comings and goings at the Emirates Stadium.

Wednesday morning's headlines:

Liverpool, Arsenal 'make contact with Denis Zakaria'
Liverpool and Arsenal are reportedly in contact with Borussia Monchengladbach midfielder Denis Zakaria over a possible transfer. Read more.

Pierre-Emerick Aubameyang, Alexandre Lacazette to leave if Arsenal miss top four?
Arsenal reportedly face the threat of losing attacking duo Pierre-Emerick Aubameyang and Alexandre Lacazette if the club fails to reach the Champions League this year. Read more.

Tottenham Hotspur, Arsenal interested in Liverpool's Joe Gomez?
Tottenham Hotspur and Arsenal are interested in making a move for Liverpool's frustrated defender Joe Gomez, according to a report. Read more.