Arsenal have made an offer for Borussia Dortmund wide man Ousmane Dembele, according to reports ion Mundo Deportivo.
However, the Bundesliga club have turned down the Gunners’ bid for the player, who is also reportedly interesting the likes of Barcelona and Real Madrid.
Madrid are believed to be leading the chase and are in advanced talks to get lure him to the Bernabeu.
Meanwhile, Barcelona want him to replace Neymar.
The Brazilian is set to join Paris Saint-Germain for £198m and is set to pen a five-year deal, earning £500k a week after tax.
The France international did nothing to dampen rumours about his departure after a furious training ground bust-up with one of his Dortmund team-mates.
He had to be restrained by a number of his colleagues after a fiery encounter with goalkeeper Roman Burki earlier this week.