Bailey has been a revelation for Leverkusen this season when firing home 10 goals and chipping in with another five assists, and a number of Europe’s top clubs are said to be showing an interest in him.
Arsenal are one of them but reports claim they will have to fight off interest from Barcelona and Chelsea, while Leverkusen will demand at least £100million, such is the current state of the transfer market.
Arsenal have already swooped on the Bundesliga to snap up Pierre-Emerick Aubameyang from Borussia Dortmund and could turn to Germany again to land Jamaican star Bailey, if the latest reports are to be believed.
Arsene Wenger needs to bolster a defence that has leaked too many goals this season, but it would appear that forwards also remain on his wanted list.
Uwe Rosler was sacked by Fleetwood following a 3-0 reverse at Doncaster which condemned Town to a seventh straight defeat in all competitions.
Cambridge interim head coach Joe Dunne was pleased with how his side adapted to beat Grimsby 3-1.
Southend manager Chris Powell led the applause for Jason Demetriou after the right-back scored twice in the 3-1 win against Portsmouth at Roots Hall.
Morecambe boss Jim Bentley was the happier manager after Gregg Wylde's 90th-minute strike earned his side a point in their 1-1 draw with Forest Green.
Manager Gareth Ainsworth described Wycombe's 2-0 win at Cheltenham as a thoroughly professional performance.
Skipper Richard Wood scored the winner just before half time as in-form Rotherham pulled off a 1-0 victory at League One leaders Shrewsbury.