Liverpool 'agree £40m deal with Arsenal for Alex Oxlade-Chamberlain'

Arsenal's Alex Oxlade-Chamberlain scores his side's third goal against Ludogorets on October 19, 2016
© SilverHub
Liverpool reportedly agree a £35m deal with Arsenal for Alex Oxlade-Chamberlain after the midfielder rejected Chelsea.

Liverpool have reportedly agreed a fee with Arsenal for the signing of Alex Oxlade-Chamberlain.

The England international seemed to be on the verge of joining Chelsea on Tuesday when the Premier League champions reached an agreement over a £35m fee with the Gunners.

However, it swiftly emerged that the 24-year-old rejected a switch to Stamford Bridge because he preferred moving to the Anfield outfit.

Now, it has been reported by BBC Sport that Arsenal have accepted a £40m bid from Liverpool after learning that Oxlade-Chamberlain has no intention of signing a new contract at the Emirates.

As a result, Liverpool have dropped interest in Monaco midfielder Thomas Lemar, who was initially wanted by Arsenal until the Ligue 1 giants made it clear that they did not want to sell.

Oxlade-Chamberlain could become Liverpool's fourth signing of the summer following Dominic Solanke, Mohamed Salah and Andrew Robertson.

Thomas Lemar and Jesus Navas during the Champions League match between AS Monaco and Manchester City on February 21, 2017
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