Arsenal need to pay around £29 million to sign Torino striker Andrea Belotti this summer.
Belotti has been a superb performer for the Turin outfit, and he helped them avoid relegation last term with 13 goals and seven assists from 35 outings.
He has a year left on his contract, and Tuttosport claims that the club are expected to sell him than lose him for free next year.
He has a release clause worth £86m on his contract, but Torino are willing to accept around £29m to sanction his sale.
The Gunners are interested in the Italy international, but there is expected to be plenty of competition for his services.
Chelsea, Fiorentina and AC Milan are all in contention to sign the 27-year-old, who is currently on Euro 2020 duty.
Belotti is expected to choose his next club following the tournament, but Torino are already in the progress of negotiating his exit.
Juventus have also been linked with Belotti, but Torino have made it clear that they won’t sell him to their city rivals.