Ghanaian midfielder Thomas Partey is eager to move to the Emirates but Arsenal coach Mikel Arteta needs to raise funds by getting rid of some fringe players if the Gunners are to land what is thought to be their main transfer target this window.
Arteta has committed to rebuilding an Arsenal squad which fared poorly in the league last season before saving face with a FA Cup triumph over Chelsea.
The London side has already been active in the transfer market, signing Chelsea’s Brazilian attacker Willian and defender Gabriel Magalhaes from Lille.
Atletico Madrid have however, made it clear that they would part with Partey if his release clause was activated.
“The position of Atletico Madrid is so clear,” transfer market expert Fabrizio Romano told Lee Gunner in a YouTube interview.
“I know so well the board at Atletico Madrid, they also did this in the past when many clubs asked them for other players if they had a top player and Thomas is a top player.
“You have to pay what we want and that is the release clause. So you have to pay €50million or you don’t get the player.”
Although the London club has thus far not budged, Romano said it was thought they could do so eventually.
“I am told that two or three weeks ago Arsenal told the Atletico Madrid board they are not going to pay the release clause.
“At the moment there is indication they will not pay the release clause and they want to negotiate. They offered [Matteo] Guendouzi in the deal and Atletico said no.
“So at the moment there is no agreement but there is an opportunity to sign the player because Thomas wants to go to Premier League.”