All eyes are on the Blues star it seems...
The playmaker has also apparently been courted by Liverpool and Tottenham Hotspur who, like current club Chelsea, have been dissauaded from offering Cole a deal by his reported £120,000-a-week wage demands.
But the Gunners are still interested, according to the report, as are Manchester United.
Cole, whose contract at Stamford Bridge expires at the end of June, is expected to hold further talks this week with potential suitors.
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