Southampton are ready to accept an offer of £25m for Morgan Schneiderlin and expect Arsenal to meet their demands, reports The Telegraph.
The Saints would prefer the keep Schneiderlin at the club and would ideally build a team around him this summer.
However, they accept that the France international is keen to play Champions League football and are growingly aware that Arsenal have their sights firmly set on him.
It was a triumph to keep Schneiderlin at the club last summer, ignoring his demands to leave along with several other key players and join Mauricio Pochettino at Tottenham Hotspur.
Schneiderlin has been a class act this season and could help Southampton finish fifth should results go their way on the final day of the Premier League this summer.
Having weathered the storm of a mass exit last summer, Ronald Koeman is confident the club could come out stronger from the sale of Schneiderlin and are ready to cash in if the right offer comes along.
Their finances are sold and they have no reason to sell, but Arsene Wenger sees Schneiderlin as a key summer transfer target.
The Coquelin factor
The emergence of Francis Coquelin may have been enough to dampen that interest, but Arsenal have the money to meet Southampton's demands and a need to strengthen their midfield.
Mathieu Flamini has little or no role to play at the club while the long-term fitness of Mikel Arteta is a concern for Wenger.
Schneiderlin would compete with Coquelin for a place and help strengthen the squad ahead of a Premier League title challenge next season.
With Champions League on offer, Arsenal are the clear favourites to seal Schneiderlin's signature this summer.
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