Arsenal have submitted a £50m bid for Fiorentina striker Dusan Vlahovic and with Lucas Torreira included as part of the deal.
The London side are eager to sign an established centre forward with the in-form Serbian at the top of their transfer list.
The 21-year-old is on the radar of a number of Europe’s top sides but Arsenal are hoping to beat them to the punch and bring him to the Emirates.
Fiorentina are demanding €75m for the player and are demanding for most of that that fee be paid up front, according to reports.
According to Corriere Della Sera, the Gunners have now made an offer of €60m (£50m) plus Torreria, who is currently on loan at La Viola.
The report claims the offer will be one that Fiorentina will find ‘particularly attractive’ with their hopes of getting Vlahovic to sign a new contract fading quickly.
The striker has only 18 months remaining on his contract with fears already at the club he could run down his current deal and leave for free in 2023.
Torreira meanwhile has been a regular in the starting lineup at the Tuscan club since joining on a season-long loan in August.
Arsenal are eager to sign an established centre forward with Pierre-Emerick Aubameyang’s future looking bleak having been stripped of the captaincy in December.
Alexandre Lacazette and Eddie Nketiah also both appear set to leave the Emirates when their contracts expire at the end of the campaign.
Everton’s Dominic Calvert-Lewin and Real Sociedad’s Alexander Isak have also been linked with the Emirates this winter, but Vlahovic is their primary target.