Arsenal have finally made a bid believed to be in the region of £26m for Valencia defender Shkodran Mustafi, according to​ ​The Sun via Gazzetta dello Sport.


The north London club have been heavily linked with the German centre-back, but there were reports that any potential deal was off, with manager Arsene Wenger not willing to meet Valencia's demands. 

But after Arsenal's defeat to Liverpool at the Emirates last Sunday, where they conceded four goals, it appears Wenger may now be more open to splashing the cash on Mustafi.


Gazzetta dello Sport's claim on Arsenal's rumoured £26m bid for Mustafi comes after Wenger confirmed the club are ready to spend big this summer.


"I would like to reassure you that we are ready to spend the money we have," the Frenchman was quoted saying on ​Telegraph Sport.

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"Buying calms the fans down. It is important to spend but even more important to spend it the right way.


"We have no limit in age. If it is a guy of 32 and we think he has the quality then we will do it.


"This club has been built around the quality of the signings. I have to make decisions that are right for the club."

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If Arsenal have made the £26m bid reported by Gazzetta dello Sport for Mustafi, it will not be enough to secure his services, according to Spanish football expert Guillem Balague.


"Valencia as a club need to sell. The Valencia coaching staff want to keep Mustafi," Balague told ​Sky Sports.


"Arsenal are not paying what Valencia want which is near €40m."