Arsenal have submitted a fresh £20 million offer for Sporting Lisbon midfielder William Carvalho, but will need to raise their offer in order to sign the in-demand Portugal international, who is also wanted by Manchester United and Chelsea.
This is according to the Express, who claim that Sporting are unwilling to sell their prized asset for anything less than £28 million.
Sporting want £28m upfront
The Portuguese club have already rejected one offer from Arsenal this summer. The Gunners put together a £24 million package, but the offer was knocked back because Sporting want the cash upfront, rather than in instalments.
Arsenal’s latest offer was a cash upfront deal, but the total value was significantly short of Sporting’s asking price.
The deal is complicated by the fact Carvalho, who was part of Portugal’s 23-man squad at the recent World Cup finals in Brazil, is partly owned by a third-party company.
Investment firm Banco Espirito Santo own 40 per cent of the player’s rights - and they are keen to receive the best possible price for their share in the powerful central midfielder.
Carvalho’s teammate Marcos Rojo found himself in the same situation; however, a deal is now close to being finalised after Manchester United structured a deal to suit all parties earlier this week.
Arsenal will need to do the same in order to stand any hope of signing 22-year-old Carvalho before the transfer window closes on September 1.
Watch: Carvalho in action
Competition for Carvalho's signature
The Gunners will also need to act swiftly in order to prevent the player joining either Chelsea or Manchester United .
Sporting Lisbon have categorically denied reports that they have received a £35 million offer from Chelsea, but it’s clear that Jose Mourinho is keen on the idea of strengthening his midfield options by signing Carvalho.
Former United manager David Moyes was believed to have secured a £37 million deal for the player back in March, but the transfer failed to materialise this summer after he was replaced by Louis van Gaal.
The new United boss is acutely aware of the need to strengthen his squad following last weekend’s shock 2-1 defeat to Swansea City at Old Trafford and has the finances available to blow both Arsenal and Chelsea out of the water.
But the veteran Dutch coach may still harbour hopes of signing Chile international Arturo Vidal from Juventus before the transfer window closes.
Carvalho would be guaranteed a starting spot at Old Trafford, but would face stiff competition for a first-team spot at Chelsea.
And while competition for places is fierce at the Emirates Stadium, Carvalho could expect a starting spot if he puts pen-to-paper on a deal with the Gunners.