The two clubs are locked in negotiations, with the main sticking point what will happen at the end of the loan deal, with Arsenal keen for an option to buy.
Sahin is keen to join Arsenal and participate in the Champions League.
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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.