Ivan Toney makes admission as Gunners enter Xavi Simons race

Arsenal have yet to make a new signing this month, despite their Premier League title bid faltering over the Christmas period.

Mikel Arteta's side have slipped to fourth in the table, five points behind league leaders Liverpool, following a run of one win in their last five games. However, they will be hoping to get back to their best this weekend when they host Crystal Palace.

Palace come into the game on the back of an FA Cup replay, in which they lost to Everton, but they beat Brentford last time out in the league and will be full of confidence heading to the Emirates.

It will be Arsenal's first fixture since they spent the winter break enjoying a warm-weather training camp and, with that in mind, here are some of the latest news and rumours coming out of the Emirates.

Brentford striker Ivan Toney has spoken of his desire to "play for a top club" one day and he has left the door open to completing a move this month.

"You can never predict when is the right time to move elsewhere, but I think it's obvious I want to play for a top club," he told Sky Sports amid links with Arsenal. "Everybody wants to play for a top club, that is fighting for titles.

"Whether it's this January that is the right time for a club to come in and pay the right money, who knows? But my main focus is to do what I do on the pitch, and let the background work take care of itself."

Arsenal are considering a summer swoop for Paris Saint-Germain midfielder Xavi Simons, who is currently on loan at RB Leipzig.

According to a report from Sport BILD, as per Sport Witness, Arsenal are among the 'top clubs' who could make a move for Simons next summer. Barcelona, Bayern Munich and Inter Milan are also said to be interested in the 20-year-old.

However, PSG are