Arsenal want to sign a striker in the January transfer window, but Newcastle star Alexander Isak and Wolves' Matheus Cunha now appear to be out of reach this month

Wolves are working to extend the contract of Arsenal transfer target Matheus Cunha. The Brazil international has emerged as potential candidate to breathe new life into the Gunners’ attack with Mikel Arteta keen to bolster his forward line in light of Bukayo Saka’s injury setback.

The Mail reports that Wolves are 'determined' to tie the £70m-rated Cunha down to an improved deal. This could include a release clause, but it would likely keep the Brazilian at Molineux for the rest of this season at least unless Arsenal are willing to spend big on him.