According to the reports, Arsenal are prepared to offer €5 million (£4m/$6m) for 17-year-old Ituano midfielder Gabriel Martinelli, as per reports.
Martinelli is also on the radar of Corinthians, Cruzeiro, Flamengo, Palmeiras and Santos, and close to obtaining an Italian passport, though it is thought he is valued at approximately €10m.
That is a figure considered beyond the means of the teams in Brazilian football, opening the door to approaches from clubs in Europe.
The teenager began his youth career at Corinthians but spent the last four years in Ituano’s academy and went through a trial at Barcelona during that time.
Martinelli also has been through a trial at Manchester United in 2017. Though he did not sign, he made a good impression and has since been closely followed by English scouts.
However, Arsenal’s board have already signed off on the move for the midfielder and are looking at advancing their offer of €5m for the teenager.