AC Milan have given both Manchester City and Arsenal a boost in their pursuit of attacking-player Stephan El Shaarawy, as they admit that they could cash in on him this summer according to The Daily Mail.

The 20-year-old has been strongly linked with a move to the Premier League and in particular Manchester City, but it has been revealed by The Daily Mail that Arsenal are also very interested in bringing the Italian to England.

The young Milan player has recently commented on his future and admitted that being linked with a move to the Premier League is highly flattering, but he backed those comments up by saying he is happy in Italy for the time being.

It is believed that Arsenal are prepared to match whatever City bid for the Italian and also prepared to match whatever they offer him wage-wise as Arsene Wenger looks to strengthen his team by splashing the cash he has been given from chief executive Ivan Gazidis.

Last year was El Shaarawy's best season at Milan as he established himself as a key first-team player and he contributed to the side with 16-goals.

Back in his homeland of Italy, he is also highly-rated and is predicted a great future within the game.

AC Milan vice-president Adriano Galliani revealed that no formal bid has been made from Manchester City or Arsenal, but he has also admitted that they could listen to offers and be persuaded to sell if the offer is right.

‘El Shaarawy? We never said he is not for sale,’ the vice-president told Corriere dello Sport.

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