Arsenal transfer news january 31 2018

A blast from the past! Here are some Arsenal transfer news updates from January 31, 2018:

Outgoings:

• Francis Coquelin has joined Valencia on a permanent deal for a reported fee of £12 million.
• Kieran Gibbs has joined West Bromwich Albion on a permanent deal for a reported fee of £7 million.

Incomings:

• Pierre-Emerick Aubameyang has joined Arsenal from Borussia Dortmund for a reported fee of £56 million, making him the club's record signing.
• Henrikh Mkhitaryan has joined Arsenal from Manchester United in a swap deal that saw Alexis Sánchez move to Manchester United.

Rumors and Speculation:

• Arsenal were linked with a move for Monaco's Thomas Lemar, but the deal ultimately fell through.
• The Gunners were also rumored to be interested in signing Liverpool's Alex Oxlade-Chamberlain, but he eventually joined the Reds in a £35 million deal.
• There were reports of Arsenal making a late bid for Chelsea's Olivier Giroud, but the French striker ultimately stayed at Stamford Bridge.

Manager's Comments:

• Arsène Wenger said: "We're very happy to have signed Pierre-Emerick Aubameyang. He's a top-class player and we're looking forward to seeing him play for us."
• Wenger also praised Henrikh Mkhitaryan, saying: "He's a very talented player and we're looking forward to seeing him play for us."

These were the main transfer news updates from January 31, 2018.