Done deal: Arsenal prime target completes loan move, not Perisic

Arsenal have narrowly missed out in bringing Atletico Madrid winger Gelson Martins to the Emirates after the pacy player joined relegation-threatened Monaco for the rest of the season this month.

Monaco face a daunting task of climbing out of abyss of relegating to the Ligue Two.

The former Ligue champions were drubbed 5-1 in front of home fans by Strasbourg, forcing the club to part ways with coach and former Arsenal legend and striker Thierry Henry.

Gunners boss Unai Emery had been given the clear to sign players only on loan this month.

Arsenal board halted and shelved plans to sign players permanently this month. Martins had been a top pick for Emery who remained keen on strengthening his side.

Gunners were dumped out of the FA Cup by a United side that just coughed back to life. Emery’s side suffered 3-1 on the night to crash out of the fourth round of England’s oldest competition. It underlined the need to boost the side this month before the January transfer window closes.

Martins,23, will remain at Monaco for the next six months after enduring a frustrating start to the campaign at Atleti.

The powerful Portuguese winger joined Atleti from Portuguese side Sporting Lisbon after enjoying a swelling campaign at the club.

Martins is excited about his new club, and can’t wait to knuckle down just in time, to help them get back to their feet.