If there's one thing that I've learned in my time following the transfer markets, it's that if a team denies something, it doesn't really mean a whole lot. It can mean a lot of things -- they don't want to torpedo a deal that's meant to be secret, they don't want stuff getting out before it's close to done, or that it's actually not real. Which is why I'm treating this with some doubt:
So yeah, the club is telling people nothing's happening, but in reality that doesn't mean a whole lot. I'd ignore anyone saying the deal's off because of this, as clearly this is their first rodeo.
Jamie Jackson, who writes about Manchester stuff for the Guardian, says otherwise:
Arsenal are interested in Welbeck but a fair way to go...— jamie jackson (@JamieJackson___) September 1, 2014
He's not infallible, but I'll trust a journalist of at least mild repute over club denials today. Watch this space.