Arsenal will have to pay €60 million to sign Danilo Pereira after Porto inserted a release clause in his new contract, according to Portuguese newspaper O Jogo.
We brought you news earlier this week that the Gunners had reportedly sent scouts to watch the 25-year-old in action at the weekend, the Porto star scoring in a 4-2 win.
O Jogo report that Porto negotiated a new deal with the player back in November, which then came into effect on January 24th, increasing it from €40m to €60m.
The new contract has also seen the midfielder extend his current deal until 2022, after being rewarded for his impressive performances since joining the club from Maritimo.
Despite being well-stocked for central midfielders, Arsenal are currently struggling for options with Santi Cazorla injured, Mohamed Elneny away on international duty and Granit Xhaka suspended.
That leaves just Francis Coquelin, who recently signed a new long-term deal at the club, and Aaron Ramsey as the club’s only fit options currently.
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Arsenal, of course, also have Jack Wilshere out on loan at Bournemouth although he is widely expected to return to the club at the end of the season and may sign a new deal.
There is no doubting that Danilo Pereira is a quality player but his new release clause is sure to put off many admirers, no doubt as it is designed to do.
Arsenal also invested heavily in Xhaka last summer, spending £35m to bring in the Swiss midfielder, making it seem unlikely they would make another big-money move for a midfielder for the second summer running.