Arsenal are considering a huge bid for Gonzalo Higuain as the Argentinian continues to be linked with a move away from Napoli, reports The Evening Standard.
Arsene Wenger came close to agreeing a deal for Higuain from Real Madrid in the summer of 2013 when, but a late bid from the Serie A club scuppered a deal.
Napoli had just sold Edinson Cavani to Paris Saint-Germain and were flushed with enough cash to blow Arsenal out of the water.
The Gunners instead signed Mesut Ozil from the same club later in the window, but not before they failed in a bid to buy another South American striker in the form of Luis Suarez.
While Suarez is now certainly out of Arsenal's reach, Higuain has found himself back in the viewfinder of Wenger.
Napoli cashing in
Higuain, 27, scored 18 goals in Serie A, but failed to inspire Napoli to a Champions League place, leaving his future at the club in serious doubt.
Napoli are believed to be willing to sell the star striker for around £40m and a number of clubs are ready to test their resolve this summer, including Arsenal.
Competition from Manchester United
They may have to compete with Manchester United for his signature. The Red Devils are looking to replace Radamel Falcao and have sufficient financial resources to make the deal happen.
However, while there will be more money on offer at Old Trafford, Arsenal may be the preferred option for Higuain considering the Gunners have a guaranteed place in the Champions League next season.
Olivier Giroud impressed this season after scoring 19 goals in what was essentially just half a season. The Frenchman spent the whole of September to December on the sidelines with a broken leg but came roaring back with some incredible form in the second half of the season.
However, many, including Thierry Henry, have questioned whether Arsenal could challenge for the Premier League title with Giroud up front.
Higuain would be a significant upgrade on Giroud and represent Wenger's third marquee signing in as many years.
Wenger has previously paid £42.4m to sign Ozil and £35m to sign Barcelona star Alexis Sanchez.
Do Arsenal need a striker like Gonzalo Higuain to challenge for the title?
Or is Olivier Giroud good enough?
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