Boca Juniors president Angelici: No Arsenal Pavon offer - for now

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Argentine news outlet TyC Sports have also published an update on Arsenal's Pavon interest on Tuesday.

According to reports in Argentina, there might be no such issue this month.

Arsenal are preparing move for Boca Juniors striker Cristian Pavon, according to the football transfer rumours in British media.

Reports in Argentina and England say Arsene Wenger is prepared to make a bid to acquire the Argentine forward as a replacement for Alexis Sanchez. As a member of Argentina national football team, Cristian Pavon won two caps.

Upon joining Boca, Pavon was loaned out to Colon in 2014 to gain first-team experience.

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"The club has not received anything for Pavon". A return of 3 goals and 6 assists in 12 games also bodes well for the player.

Manchester City, Liverpool and Arsenal are all reported to be interested in the 21-year-old.

Alexis Sanchez could be replaced by Cristian PovanCan Pavon fill the Sanchez void?

Sanchez is out-of-contract at the end of the season and is being strongly tipped to join Manchester City this month after failing to push through a transfer on deadline day in the summer.

There are no guarantees the youngster would be able to come straight in and perform for Arsenal.

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Is this another target lined up by Arsenal's Sven Mislintat?

Off the ball, Pavon presses diligently, regularly seen winning the ball back high up the pitch, and is always willing to track back to support his full-back.

Arsenal are thought to be holding out for a fee in the region of £30m, which would cover the signing of Pavon.

Arsenal fans have with mixed views to the news that Wenger is close to paying the £27m release clause for Argentinian winger Cristian Pavon.

As quoted by Goal, he said: "For the moment, we have not received any proposal, formally or informally". "When we signed the new contract [last summer] I told him that I would like him to remain at least until the Copa Libertadores and then I told him personally that we would not limit his career".

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