Arsenal are ready to launch a £125m bid to bring 18-year-old Kylian Mbappe to north London this summer. The Monaco striker is also a target for Real Madrid but the Gunners have not yet given up their pursuit.
It would smash the current record and be the first transfer fee over £100m, excluding agents fees. Mesut Özil currently holds the Arsenal record at £42m when he signed for the Gunners three years ago.
Arsène Wenger spent last week talking to Mbappe’s father reports the Sunday Mirror, in an attempt to persuade the family that the young striker has more chance of regular first team football at the Emirates than at the Bernabeu.
It would be a disaster for Real president, Florentino Perez. Last summer he lost out in the £100m battle over Paul Pogba. The French midfielder chose Manchester United instead of Madrid and a second defeat in a big-money war would undermine his authority.
Arsenal are close to signing Alexandre Lacazette from Lyon but with Alexis Sanchez increasingly likely to be sold this summer, need another big signing to appease critics among their support base.
Mbappe would certainly do that but the question is, how long would he stay at the Emirates?