Arsenal have made a monster bid to sign Monaco striker Kylian Mbappe, Marca has reported.
The Spanish newspaper has claimed this morning that the Gunners are determined to secure the services of the youngster and made an offer of £123.3million.
The Frenchman is also a target for Real Madrid who are also ready to offer more than £100million to sign him.
Arsenal have already smashed their club transfer record with the signing of striker Alexandre Lacazette.
But manager Arsene Wenger is eager to add the teenager to his squad.
The Gunners have already made contact with Monaco last month but their first bid was rejected by the Ligue 1 Champions.
Mbappe, 18, has already returned to pre-season with Monaco but his future remains unclear.