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Vinicius Junior has rejected Real Madrid's offer for a new contract worth €22 million a year. Former director Predrag Mijatovic stated that the winger is exploring other options, while Arsenal is ready to make a record offer for his transfer.

Brazilian winger Vinicius Junior has rejected yet another contract proposal from Real Madrid, giving Arsenal a substantial shot at making the biggest signing in their history.

The 26-year-old's current deal runs until the summer of 2027, but the Real hierarchy is keen to avoid a situation where he could leave for free. They are reportedly open to selling him during this transfer window if a compromise over his contract cannot be reached.

Predrag Mijatovic's statement

Former forward and sporting director at Real, Predrag Mijatovic, confirmed on El Larguero:

Contract refusal: The Madrid club offered Vinicius a five-year contract worth around €22 million per season (approximately £362,000 a week), but the player has turned it down.

Exploring alternatives: According to Mijatovic, this situation suggests that Vinicius is not intending to extend his current deal and is already weighing up moves from other top clubs.

Financial considerations: The winger is looking for a salary closer to €30 million a year including bonuses, as well as a significant signing bonus.

Arsenal's position and disagreements

Arsenal are prepared to make Vinicius the highest-paid player in the club's history, effectively restructuring their wage hierarchy.

Spanish sources report that Real are demanding around €170 million for the transfer, while Arsenal hope to negotiate a fee closer to €150 million. Should both parties fail to reach an agreement in the coming days, the Madrid club is set to focus on securing a sale to maximise their return.