Arsenal are prepared to pay £25 million to sign Morgan Schneiderlin in January - £15 million more than Tottenham Hotspur offered Southampton for the midfielder during the summer.
According to The Sun, Arsene Wenger is so eager to address the deficiencies in his current squad in the New Year that he'll improve the bid made by the Gunners' north London rivals by up to 150 per cent.
The 25-year-old had been expected to depart St Mary's over the summer, but Saints dug their heels in and ordered the France international to stay put, despite sanctioning the sale of several other important first-team stars from last season.
Ronald Koeman made clear his desire to keep Schneiderlin on the south coast, and even reiterated the club's stance in today's pre-match press conference ahead of Southampton's Boxing Day clash against Crystal Palace.
However, a big money offer from Arsenal might turn the Frenchman's head again, amid rumours the former Strasbourg star would now prefer to move to the Emirates Stadium than White Hart Lane.
It was previously reported that Schneiderlin was keen to be reunited with former manager Mauricio Pochettino, but he was said to be unhappy about the way in which Spurs chairman Daniel Levy tried to force Saints to sell on the cheap after making a ridiculously small offer of £10 million.
Tottenham's refusal to go any higher now looks to have ruined their chances of signing the in-demand midfield anchorman in the future, with Arsenal now firm favourites to secure his signature in 2015.
It remains to be seen whether the Gunners will be able to reach agreement with Southampton in the mid-season window, but after establishing a good relationship with the club after negotiating the £16 million transfer of Calum Chambers during the summer they are at least well placed to begin talks over Schneiderlin's future.
In fact, the two teams are very familiar with each other when it comes to transfer deliberations with Theo Walcott and Alex Oxlade-Chamberalin both previously making the switch from Southampton to Arsenal in previous years.