Southampton have had an up and down transfer window: on one hand, they have seen their side dismantled, with manager Mauricio Pochettino leaving for Tottenham, Luke Shaw leaving for Manchester United and Rickie Lambert, Adam Lallana and now Dejan Lovren leaving for Liverpool. On the other hand, they've gotten a lot of money, with nearly £80m coming in fees, allowing manager Ronald Koeman to rebuild. Yet while all are replaceable, they don't seem to want to lose the entire spine of their side. Thus, despite interest from both Arsenal and Tottenham, Morgan Schneiderlin may be set to stay at Southampton, as according to the Guardian, the Saints have slapped a price tag over £27m on the midfielder.
This would seemingly rule both clubs out; Arsenal have the ability to spend money, but Arsène Wenger is still going to spend around what he thinks is a good price for the player. If Schneiderlin were to cost over £27m, he'd be nearing the price Arsenal paid for Alexis Sanchez, and while Schneiderlin is perhaps the best suited to Arsenal's midfield out of himself, Lars Bender and Sami Khedira, it is an awful lot of money when Mikel Arteta is still perfectly capable of fulfilling the role.
That being said, this is a new age for Arsenal, and perhaps they will surprise us all and spend over their valuation in order to secure a long-term replacement in a position that will certainly need one in the near future. If they do, however, don't expect it to be done relatively quickly, hence perhaps the synchronised release of reports indicating that Jack Wilshere will be tried, presumably in pre-season, at the position.