Arsenal transfer target Jean-Michael Seri can leave Nice for £35million according to Sky Sports reporter Dharmesh Sheth.
Sheth explained how Arsenal's Raul Sanllehi was the director of football at Barcelona when they wanted to sign the player which could be an indication that the Gunners want to make a move.
He also added that Unai Emery tried to sign him when at Paris Saint-Germain.
"I'm being led to believe that there's an agreement with his club that he will be allowed to leave for £35million," Sheth said on the Transfer Talk podcast as quoted by Express Sport.
"Now, it's really interesting actually because he almost joined Barcelona.
"Now intriguingly, last summer, Arsenal's current head of football operations, Raul Sanllehi, was the director of football at the Nou Camp and they wanted Jean-Michael Seri.
"Fast forward to January, Emery tried to sign him for Paris Saint-Germain. But concerns over Financial Fair Play rules for Paris Saint-Germain meant they went for a free transfer and brought in Lassana Diarra.
"There is an interest in Seri but there is competition as well.
"I'm told that Napoli and Borussia Dortmund are interested, but quite importantly the player's preference is to come to the Premier League. I think that's where he wants to shine.
"Arsenal are interested, there has been a long-standing history of the people at Arsenal being interested when they've been at previous clubs.
"So potentially, I think if Emery had his way, he could be his first signing."