The Daily Mirror reports Arsenal are expected to make a fresh bid for the Brazilian in January.
The Evening Standard reports Arsenal and Manchester United are among the potential suitors for the 20=year-old forward.
The France forward, 24, has been the subject of increased speculation as his contract enters its final few months.
The England winger, 23, is a target of Juventus whose former chief executive Jean-Claude Blanc now works for the Ineos boss and is tipped for a similar role at Old Trafford.
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