Few bits of news & rumors popping up the last couple days...
Manager - occasional rumors that we are talking to Ancelotti about taking over for Wenger. I'd assume any move won't happen until the summer but with us being on the verge of losing 2 star players on top of our current 6th place, a is very plausible that Wenger is out this summer whether it's Ancelotti or someone else.
Alexis - supposedly City has offered 20m GBP and many on their side expect him in blue before the end of Jan. Wenger says he won't sell without a replacement.
Alexis replacement - heavy rumors yesterday of us paying the release clause (approx 25m GBP) for Boca WF Cristian Pavon. Today we are supposedly meeting with the agent for Bordeaux WF Malcom. There is also rumor that Monaco has approved the sell of Lemar for 60m GBP. Also been linked to Leon Bailey but I don't think that one is serious.
Ozil - rumors of Barca, ManU as well as signing a new contract
Wilshire - supposedly we are working to re-sign. Delays are due to us attempting to get him to take a paycut on his base and include add-ons for performance/playing time.
Walcott - Southampton and Everton want to buy. Theo wants a loan. Wenger set asking price at 30m GBP.
Coq - headed to Valencia (seen quotes of 10-12m GBP as well as a report this morning of 22m). Rumor that ElNeny may be next out the door.
OG - being approached by Besiktas and a Chinese club. Seems to be interested in leaving for more PT but says he won't leave just for the money.
MF help - rumored to be after N'Zonzi, Rakatic, Ozyakup and/or Rafinha to provide additional cover in MF.
CB help - rumored to be working a deal for Jonny Evans for added cover at CB. Supposedly trying to sweeten the offer with Debuchy.