The Sun says Chelsea were believed to be seeking a £40million fee for the England international, but they are now prepared to slash their asking price to £30m.
The Blues are thought to be keen to sell the 23-year-old during this summer’s transfer window in order to raise funds to launch a big-money move for a new centre-forward.
The 23-year-old has followed Nuno Tavares and Albert Sambi Lokonga to the Emirates during a busy summer of spending for the Gunners and is understood to have penned a five-year deal with the North London club.
19-year-old Saka missed the decisive penalty in England’s Euro 2020 final shootout loss to Italy and was subjected to racist abuse on social media following the game.
The Gunners are interested in signing 23-year-old England international Abraham, who has fallen dramatically down the pecking order at Stamford Bridge.
The 20-year-old’s breakthrough was a defining moment in the Gunners’ 2020-21 campaign, as he made 33 appearances in all competitions and chipped in with four goals and eight assists.
The 23-year-old has fallen down the pecking order since the arrival of Thomas Tuchel in January, and the Blues are prepared to let him leave this summer.
The Arsenal man played his part as England reached the final of Euro 2020 before losing on penalties to Italy.
Bolton have signed winger Xavier Amaechi from German side Hamburg on an initial six-month loan.
The Scottish international, who arrived at the Emirates from Celtic in 2019 in a move worth around £25million, has put pen to paper on a five-year deal to keep him in north London until 2026.
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham announced themselves as founder members of the competition on April 18.
The Gunners are battling with Everton and Tottenham Hotspur for seventh place, which would earn them a spot in the inaugural Europa Conference League.
The Swedish billionaire, a boyhood Arsenal fan, tweeted his interest in purchasing the north London outfit last month during protests against club owners
This was after Emile Smith Rowe’s first-half goal settled the London derby following a defensive mix-up by the hosts.
The Gunners have lost seven home games in the top-flight this campaign, four more than last season, and are also winless in their last six at the Emirates Stadium in all competitions.
Lehmann had sat on the Hertha Berlin supervisory board as an adviser to the club’s major shareholder Lars Windhorst, boss of Tennor Holding.
The Gunners’ owners KSE have been widely criticised by the Arsenal fanbase during their time at the club, and their involvement in the failed European Super League project saw supporters protest outside the Emirates in the hundreds.
Arsenal, meanwhile, will be looking to remain in the top half of the table ahead of their Europa League semi-final second leg against Villarreal on Thursday.
Saka has established himself as a star for Arsenal and is being tipped for a place in the England squad at Euro 2020 in the summer following a brilliant season for club and country
Balogun, 19, is tipped for a bright future despite having not yet made his league debut for the Gunners – although he has scored twice in six cup appearances for the senior side.