West Ham want to sign Theo Walcott and Olivier Giroud from Arsenal for a combined £50m, the Daily Star claim.
Giroud has recently been linked with a move to the London Stadium and the Star say West Ham are also keen to snap up Walcott.
The newspaper say the Hammers “face a battle persuading the Gunners to accept their offer for the two forwards” but then say Arsene Wenger “is ready to sell” and that it is understood the Arsenal boss “would not stand in their way if they want to go to the Irons.”
Liverpool have made an approach to Arsenal for Alex Oxlade-Chamberlain, the Daily Mirror say.
The Gunners are said to have rebuffed the approach but the Mirror suggest they could yet sell Oxlade-Chamberlain if he does not sign a new contract.
The England international’s current contract expires next year and there has been speculation about his long-term future for some time.
The Mirror declare that Liverpool’s apparent approach “represents the first step in trying to pull off a remarkable transfer coup.”
The Mirror also say West Ham are prepared to pay Arsenal £20m for Giroud – and pay the French striker £130,000 a week.
Meanwhile, West Ham are planning a move for Sampdoria striker Luis Muriel, The Sun claim.
The Colombian recently signed a new contract but the deal reportedly has a £24m release clause.
And The Sun claim West Ham are ready to pay that amount for the 26-year-old, who has also been linked with Liverpool and Leicester.
Muriel is among a host of strikers the Hammers have been linked with in recent weeks.