Nottingham Forest's £42.5million signing of Morgan Gibbs-White reportedly "alarmed" Arsenal in their pursuit of Wolves winger Pedro Neto.
The Reds completed the signing of the England under-21 international after spending most of the summer linked with the midfielder. Gibbs-White was one of Steve Cooper's main targets after promotion to the Premier League and the move was completed towards the end of August.
Forest could pay up to £42.5m for the attacker due to the potential add-ons agreed. But the initial fee was believed to be £25m.