Raul de Tomas is unlikely to join Arsenal before the Monday's transfer deadline at 11pm football.london understands.
The 27-year-old Spaniard who has an impressive record of 38 goals in 71 games for Espanyol emerged as a late candidate for the Gunners who are looking to strengthen in the centre forward position before the January window slams shut.
Flo Balogun has left the club to join Middlesbrough on loan till the end of the season, meaning that as things stand Alexandre Lacazette and Eddie Nketiah are there main options up front, while Gabriel Martinelli can play there if needed.