Arsenal would be willing to offer €50 million in an attempt to sign Nicolas Pepe from French outfit Lille.
According to reports from Telefoot, the north London club are one of three teams ready to submit a big-money proposal.
Arsenal, Bayern Munich and Borussia Dortmund are all ready to put €50 million on the table.
However, there is also said to be interest from Spanish champions Barcelona, Atletico Madrid and Arsenal’s local rivals, Chelsea.
Nicolas Pepe has been one of the inform Ligue 1 stars this season, and his displays are not going unnoticed across the continent.
The 23-year-old was heavily linked with a move away from Ligue 1 during the summer, but he decided to stay put.