The Daily Express reports that the Gunners have stepped up their attempts to sign Guilavogui as an alternative to Newcastle star Yohan Cabaye.
Arsenal face competition from Newcastle in the race to sign Guilavogui before the transfer window closes.
St Etienne could be prepared to let Guilavogui leave to fund new signings.
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.