According to Italian transfer expert Alfredo Pedulla, Arsenal is prepared to offer Jakub Kiwior and €50 million in exchange for Atalanta forward Ademola Lookman.
The 26-year-old, though, is coveted by Liverpool, so the Gunners will have fierce competition.
Although Paris Saint-Germain has also been mentioned, Arsenal is hoping that their offer will be sufficient to persuade the Serie A team to work with them.
Lookman is valued at almost €70 million by Atalanta, and the club is co
nsidering offering the Nigerian international an enhanced contract that would bring in €3.5 million annually.With 31 league goals and seven assists at the end of the previous season, the former Everton star helped his team win the Europa League by scoring a hat-trick against Bayer Leverkusen.
The Charlton Athletic academy graduate may find it enticing to return to England, and after witnessing Arsenal contend for the Premier League title the past two seasons, he may decide that joining them is the better option.
At the North London club, Kiwior is currently surplus to needs as they attempted to include him in the trade that resulted in the signing of Riccardo Calafiori.
The Poland international might now be useful in their chase of Lookman after being left out of the matchday squad for their Premier League opener against Wolverhampton Wanderers.
The Wandsworth native is a versatile attacker that Arsenal boss Mikel Arteta admires. He can play on the left wing, as a number 9, and behind the striker.
The Gunners manager has long planned to strengthen his alternatives in the final third, and it looks like he has finally found the ideal one.