Nottingham Forest are ready to make a club-record transfer bid for Wolves Matheus Cunha and Arsenal are interested in the forward; Cunha has been offered a new contract at Molineux but has two-and-a-h

Arsenal manager Mikel Arteta has hinted that the club could enter the transfer market before next month's deadline in a bid to add a new forward to the Spaniard's squad

Arsenal have been joined by Chelsea and two other Premier League clubs in the race to sign Matheus Cunha before the January transfer window closes. The Brazil international forward has scored 10 goals this season having scored 14 in all competitions in his debut campaign following a £44million move from Atletico Madrid.

Nottingham Forest are preparing a club-record bid, possibly in the region of £60m, to try lure Brazil forward Matheus Cunha, 25, away from Wolves. (Sky Sports) Want more transfer stories? Read Thursda

Nottingham Forest Ready to Break Transfer Record for Matheus CunhaAccording to Sky Sports, Nottingham Forest are preparing a club-record bid to sign Wolves forward Matheus Cunha. The Brazilian has

Nottingham Forest have made forward Matheus Cunha their top January target in the push for Champions League qualification. (Mail, external) Meanwhile, Arsenal have also shown firm interest in signing Cunha in the January transfer window.