Arsenal transfer news latest: Wilfried Zaha, Kieran Tierney, Malcom, Alexandre Lacazette, Laurent Koscielny

Arsenal’s £40m bid for Wilfried Zaha has been denounced by Crystal Palace as an intentional attempt to unsettle the Ivorian.

The Mirror are reporting that the south London club may cut all communications with the Gunners unless there is a significant improvement in their offer.

There were suggestions that the Gunners could offer players as well as a transfer fee for the player.

But the Eagles stance is unmoved.

Zaha is desperate to make the move with his brother recently describing the move as a "dream".

Arsenal will also face stiff competition from Napoli in their efforts to sign Celtic left-back Kieran Tierney.

The Gunners have already had a £15m bid rejected and the Scottish Sun has reported that the Italian club are ready to out-bid Arsenal for the Scot’s signature.

Unai Emery is in desperate need for replacements this summer with Tierney one of his No 1 priorities.

Barcelona winger Malcom is also a target for Unai Emery and the club have launched a loan bid to bring the Brazilian to the Emirates for next season.

Malcom made only 15 league appearances last season as he struggled for form and fitness after his €40m move from Bordeaux.

The Mirror have also reported that Alexandre Lacazette is a target for Atlético Madrid as a replacement for the Barcelona-bound Antoine Griezmann but Arsenal are reluctant to sell the Frenchman.

In other outgoings, young defender Daniel Ballard has joined Swindon Town on a season-long loan.

L’Equipe are also reporting that Bordeaux have made Laurent Koscielny their primary transfer target this summer with Arsenal demanding at least €10m for the 33-year-old.