Arsenal is looking to complete one of the biggest transfers in Premier League history by entering the chase for 26-year-old winger Vinicius Junior from Real Madrid.
The Brazilian forward is in the final year of his contract with the Blancos. The club's hierarchy is unwilling to let their key player leave for free next summer and is thus negotiating a contract extension.
Contract disputes with Real
Negotiations have been ongoing for around 18 months and are complicated by the player’s high financial demands.
Real's offer: The Madrid club improved their initial terms and has now proposed a salary of around €22 million per year.
Player's demands: Vinicius and his agents insist on a figure close to €30 million per year.
Summer sale: If a compromise cannot be reached, Real Madrid are prepared to consider selling the player in this transfer window to secure a substantial fee.
Mikel Arteta's plan and 'Operation Vinicius'
Arsenal's head coach Mikel Arteta and sporting director Andrea Berta have launched a major initiative to bring the two-time Champions League winner to the Emirates Stadium.
According to Spanish media, Arteta has personally spoken with the Brazilian and presented him with a vision of his role in the team. The Gunners are ready to offer the forward a record salary for English football.
The main point of contention remains the transfer fee: Madrid president Florentino Perez is looking for around €170 million, while Arsenal hopes to finalise the deal for less than €150 million. The coming weeks will be crucial for the future of the Brazilian player.