Arsenal's search for a striker seemed to have taken them to Brazil with the Emirates outfit reportedly chasing Santos' latest superstar, Gabigol. The latest news coming out of Brazil is that Arsenal have sent an official offer to the Brazilian sensation's representatives, report ESPN Brazil. They also added that the player is excited about the prospect and has told his representatives that he wishes to play only for elite European clubs like The Gunners.

Real Madrid, Paris Saint-Germain and Manchester City are three of the richest clubs in world football. Their financial backing is unrivalled in the modern game and their ability to buy the best players in the world has given them the competitive edge over domestic rivals.