Arsenal Transfer News: Wenger cleared to make £25m signing, Liverpool's bold £14.9m bidEXPRESS SPORT brings you the latest transfer news coming out of the Emirates. By Charles Perrin 00:58, Tue, Aug 4, 2015 | UPDATED: 01:07, Tue, Aug 4, 2015 Link copied Bookmark Arsenal - Most Expensive Transfers Arsene Wenger has reportedly been given the go-ahead to sign Alessio Romagnoli.The Roma centre-back has been linked with moves to the Gunners and Chelsea.It was thought that Romagnoli was heading to AC Milan.But talkSPORT claim Wenger is prepared to meet his £25million price tag as he seeks to add another defender to his squad.Liverpool are reportedly ready to gazump Arsenal's interest in Denis Cheryshev.GETTYLiverpool are exploring a deal for Denis CheryshevThe Real Madrid winger has attracted interest from the Premier League powerhouses.But the Daily Telegraph claim the Reds will stake their interest by lodging a £14.9m bid for the 24-year-old. Related articles Arsenal Transfer News: Real Madrid man to sign, huge Higuain... Bielik? Bennacer? Benzema? Who will become Arsene Wenger's 200th... SUBSCRIBE Invalid emailWe use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. Read our Privacy Policy Arsene Wenger