However, with the Kane transfer seemingly going nowhere at this moment in time, it's unlikely that Pep Guardiola would want to get rid of Jesus without ensuring back up first.
The club are already without Sergio Aguero and need to fill his shoes if they are to boost their chances of a successful Premier League title defence.
Tammy Abraham vs Alexandre Lacazette
According to The Sun, Arsenal will not be offering Alexandre Lacazette a new contract.
Instead, the Gunners are reportedly planning to offload the Frenchman for £15million before turning their attention to Chelsea's Tammy Abraham.
Latest reports indicate that Arsenal will only pursue the Chelsea frontman if they are able to move Lacazette on.
The 30-year-old is on a substantial wage at the Emirates, earing £175,000 a week. Arsenal are infamous for buckling under the pressure in the transfer market, having previously retained the likes of Mesut Ozil and Pierre-Emerick Aubameyang on huge contracts.
The Gunners will be looking to avoid making similar mistakes as they build towards the new season.
Staying in London, Tottenham have confirmed the signing of Pierluigi Gollini.
The goalkeeper joins the London outfit from Atalanta on a season-long loan. Spurs however, do have an option to make the move permanent.
Aston Villa's ambition of adding another attacking player to their ranks has not gone to plan.
The club's £25million bid for Bayer Leverkusen's Leon Bailey has been rejected by the Bundesliga club.
The 23-year-old is currently in Gold Cup action with Jamaica. He is a highly sought-after player having enjoyed a stellar season with Leverkusen - scoring 15 goals and assisting 11 times last season.
Newcastle United boss, Steve Bruce, has questioned Arsenal about their plans for Joe Willock.
Speaking after the Magpies' 3-2 win over Doncaster Rovers, Bruce said: "With Arsenal, what are they going to do? They've brought in two midfield players.
"That's our starting point, with Joe, because let's be fair, he had an unbelievable three or four months with us.
"But there has to be a time where we know - is it going to be yes or no?"
Despite his worries over the transfer, Bruce underlined Newcastle's intention of bringing the player back to St James' Park whether it is on loan or a permanent deal.
Move of the day
Saturday's biggest completed transfer took place in Russia as Lokomotiv Moscow confirmed the signing of Tin Jedvaj from Bayer Leverkusen.
The £3.4million deal ends the defenders spell in the Bundesliga. The 25-year-old made 115 appearances in the competition for Leverkusen and FC Augsburg, scoring five goals in the process.