Liverpool spending could leave door open for Arsenal to sign exciting forward

Mexico's forward Hirving Lozano celebrates after scoring a goal during the international friendly football match between Belgium and Mexico at the King Baudouin Stadium in Brussels on November 10, 2017. Picture: JOHN THYS/AFP/Getty Images

Arsenal should face little competition for Hirving Lozano if they’re serious about having him replace Alexis Sanchez, with Liverpool’s spending likely to rule them out of signing another player.

Arsenal were linked with a £42m move for the Mexican forward, but were reportedly facing competition from Everton and Liverpool.

Reports had indicated that Liverpool wanted Lozano to replace Philippe Coutinho, who continues to be linked with a move to Barcelona.

Should the Brazilian leave for Spain, Liverpool would certainly have the funds for a big signing. However, as it is, the Merseysiders have spent a significant part of their budget already.

A whopping £75m was just spent on Southampton and Netherlands defender Virgil van Dijk, while RB Leipzig midfielder Naby Keita will join next season for more than £48m.

That could leave them short of funds to sign Lozano as well.

If Arsenal are serious about signing the 22-year-old as a replacement for Alexis Sanchez, they could find themselves relatively unchallenged. In which case, they’d be able to negotiate a deal with PSV without other clubs threatening to increase the asking price.

Lozano has been in stellar form for PSV this season.

Since joining from Pachuca in the summer, he’s scored 11 goals in 16 Eredivisie appearances. He wouldn’t be a bad acquisition if Alexis moved in next month or next summer.