Arsenal are reportedly lining up a double deal worth £42m for Alexis Sanchez and Morgan Schneiderlin.

Barcelona winger Sanchez was part of the Chile side that was eliminated from the World Cup following the defeat to Brazil on penalties last night.

Southampton midfielder Schneiderlin is likely to represent France on Monday as they take on Nigeria in Brasilia.

According to Tele Mundial, both Sanchez and Schneiderlin will be confirmed as Arsenal players before the close of the World Cup.

Schneiderlin signed for Southampton in 2008 and has gone on to make over 200 appearances for the club.