Arsenal have failed with a formal offer to sign Sporting CP striker Viktor Gyökeres, but the clubs are still considered “close” to settling on a transfer agreement.Gyökeres’s 54 goals for Sporting last season have made him one of the most talked about players on the market this summer.

Gyokeres is preparing for his move to the Gunners facing 'collapse', according to a troubling update in the Portuguese media, and with a 'shock therapy loan' floated instead

Arsenal and Sporting hope to agree a deal for Viktor Gyokeres before the striker is due to report for pre-season training on Friday. An agreement is yet to be struck between the clubs but negotiations are ongoing.