Arsenal have been told to stump up £38m if they want to land Spain international striker Alvaro Morata this summer, according to The Sun.
The Premier League side, who finished second in the English top-flight standings last term after pipping North London rivals Tottenham to the runners-up spot on the final day of the 2015/16 campaign, have been continually linked with a move for the Juventus forward.
The 23-year-old, who has eight international caps for his country and is set to feature for Spain at EURO 2016 later this year, scored 12 goals and provided 12 assists in 47 appearances in all competitions for the Serie A champions this season.
Morata; who is set to return to Real Madrid this summer, with the La Liga giants eager to activate the buyback clause in his current deal, is also said to be interesting Premier League rivals Chelsea and Manchester City.
The report suggests that Madrid are ready to re-sign the striker for £24m, before offloading Morata for at least £38m to the highest bidder, with the three English outfits circling the player’s current situation.