Arsenal are preparing a £5m offer to sign Adrien Rabiot from Paris Saint-Germain, according to L'Equipe.
The 19-year-old is considered to be one of the most promising central midfielders in Europe with Juventus, Internazionale, Milan and Roma also ready to join the race to sign the youngster.
According to reports, the Ligue 1 reigning champions are ready to listen to offers but only intend to let the youngster go for a fee of at least £8m.
Atletico Madrid's Emiliano Insua close to Olympiakos move
Atletico Madrid's Emiliano Insua is ready to leave the Spanish Liga to join Olympiakos, in Greece.
According to Sky Sports Italy, the two parties are very close to reaching an agreement for the 25-year-old left-back who would face his old team-mates in Europe if an agreement is reached.
Olympiakos were in fact drawn with Atletico Madrid in yesterday's Champions League group stage draw with Juventus and Malmo completing Group A.