Arsenal have already spent £55m on signing Martin Zubimendi from Real Sociedad, plus a further £5m on Kepa Arrizabalaga, while they are also close to agreeing a €80m (£69m) deal with Sporting CP to sign Viktor Gyokeres and are set to sign Brentford captain Christian Norgaard for £12m.

Eze has a release clause of £68million, with Palace determined to extract the full amount before sanctioning his exit. But Arsenal will be aiming to knock a lump sum off the transfer fee if they can get the Eagles to agree to a swap deal before the summer transfer window closes.

Arsenal have signed goalkeeper Kepa Arrizabalaga and midfielder Martin Zubimendi this summer as they aim to sign attacking reinforcements; Noni Madueke, Eberechi Eze, Rodrygo and Viktor Gyokeres are transfer targets for Mikel Artetas side;