Jurgen Klopp wants to bolster his attacking options this summer.
Wenger was keen on signing Chukwueze alongside Kelechi Nwakali after they starred at the 2014 U17 World Cup.
Jamie Vardy, currently with the England squad at Euro 2016, is yet to decide his club future.
Kelechi Nwakali has agreed a deal with Arsenal and will join the U21 side for the upcoming season.
Thierry Henry is bewildered at Jamie Vardy's decision to keep Arsenal waiting.
Mathieu Flamini's contract with the club has not been extended.
N'Golo Kante has confirmed that he will make a decision with regards to his future after Euro 2016.
Henrikh MKhitaryan will be allowed to leave Dortmund this summer after he rejected a new deal.
Former Wales international says Arsene Wenger is still three players short of challenging for the title.
Jack Sullivan, son of co-owner David, says club are not pursuing the England internationals.
Ian Wright and Martin Keown back Leicester City striker to thrive in north London.
Gunners boss does not expect £20m-rated Vardy to start at Euro 2016.
Riyad Mahrez was voted PFA player of the year after his 17 goals and 10 assists helped Leicester win the Premier League.
Jamie Vardy has a release clause of £20m, which is available to clubs in the Champions League.
Henrikh Mkhitaryan, contracted to Dortmund until 2017, is subject to interest from Arsenal and Chelsea.
Granit Xhaka admitted speaking to Arsene Wenger over a year ago after completing his Arsenal move this summer.
Mikael Ndjoli was released by Milwall FC at the end of the season despite impressing for the youth teams.
Calum Chambers is keen to play on a regular basis which Arsene Wenger is unable to guarantee at the moment.
Catalan giants reportedly put off by Arsenal's €40m asking price for La Masia graduate Bellerin.
Dan Crowley will be coveted by clubs in the Championship and League One after confirming imminent loan move.
Bundesliga club's chief executive Hans-Joachim Watzke slams Aubameyang sale reports as 'nonsense'.
Arsene Wenger has made it clear that he will sign a striker in the summer after Arsenal's struggles in front of goal.