Arsenal are ready to table an offer of £9m to bring highly rated Hungary international Dominik Szoboszlai to the Emirates Stadium.
After impressing for RB Salzburg last season, the 18-year-old attacking midfielder has attracted the attention of some of Europe's top clubs.
The Gunners are long time admirers of the teenager and are hopeful they can tempt the Austrian champions to sell as Unai Emery looks to build a squad capable of breaking into the top four in the coming season.
With a Champions League campaign high on RB Salzburg's agenda, it's thought they would be reluctant to sell before the January transfer window. However, that timeline could change if Arsenal match their valuation,
He's already been capped four times by Hungary and Arsenal will face fierce competition from Borussia Dortmund and Juventus among others for his signature.
Szoboszlai's agent has also confirmed a number of Premier League teams are interested in his client, but declined to name any of the clubs.
"I can confirm a number of the top Premier League clubs are interested in Dominik but at this point I can not confirm or deny specific clubs," Szoboszlai's agent, Matyas Esterhazy, told football.london.
"My client is focusing on his current club and the upcoming challenges of the next season both in the league and the Champions League."
The price tag would suit Arsenal's £45m transfer budget. Another season without Champions League football has taken its toll financially on the north London club and this kind of signing could be an indication of their approach as they try to re-establish themselves among Europe's elite.
With some key departures already announced this summer and some uncertainty surrounding Lucas Torreira, there are serious concerns about the look of Arsenal's squad ahead of the new season.