Another twist to the Karim Benzema to Arsenal story. Giulianelli is a football writer for FourFourTwo and Gazetta dello Sport and he's announced the news to his 25,000 Twitter follows that the player is heading to the Emirates.
He wrote: "Benzema is coming. #Arsenal #KB9." on Twitter
The hashtag #KB9 referes to the shirt Benzema would take at Arsenal, with the No.9 free due to the departure of Lukas Podolski .
Giulianelli claims the France striker, 27, will make the move to the Emirates Stadium for £45m.
However previous reports suggest that the Gunners were not willing to pay the asking price for the Real Madrid star.
There he will leap above countryman Olivier Giroud in the striking pecking order.
Arsenal have cash to splash this summer but they've so far completed just one major deal: the £10.8m signing of Petr Cech out of the rumoured £200m warchest.
Giulianelli suggested that Real Madrid are planning on using any cash they bank from selling Benzema to sign Lazio midfielder Lucas Biglia.
The 29-year-old Argentine had also been linked with Manchester United.
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