It feels like the summer of 2013 all over again.
Arsenal were strongly linked with a move for Gonzalo Higuain three summers ago but were eventually left disappointed when the Argentina international decided to leave Real Madrid for Napoli.
The Gunners’ faithful were so disgruntled with that particular decision that some of them even booed the striker - quite comically - during an Emirates Cup fixture weeks later.
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But they might be cheering the next time Higuain takes to the Emirates Stadium pitch, at least if Arsene Wenger gets his way.
The London Evening Standard have confirmed the Gunners are “exploring the possibility” of signing the forward who scored a magnificent 38 goals in 42 appearances for Napoli last season.
Arsenal won't consider paying the release clause
However, the same report claims Arsenal will “not remotely consider” meeting the player’s £78.8 million release clause.
Higuain’s release clause in euros stands at 94.4 million, but due to the slump in the pound following the United Kingdom’s decision to leave the European Union, the price now equates to roughly £10 million more than earlier in 2016.
Higuain turns 29 in December and Arsenal are unlikely to smash their transfer record on a player approaching his early 30s, regardless of his quality.
Arsenal want to keep Olivier Giroud
One way the fee could be reduced is if they agree to use Olivier Giroud as bait.
The French striker’s agent told Italian outlet Radio Crc this week: “As of today, Giroud is an Arsenal forward. If they ask him to leave, then we’d evaluate the situation.
“There would be no fear for Olivier to go to Napoli, as we're talking about a magnificent place. In Naples, my client could have a wonderful lifestyle, not to mention that Maurizio Sarri's style of football would get the best out of a striker like him.”
Rather than selling Giroud, though, it’s understood that Arsenal would prefer a new striker to come in and ease the goalscoring burden on the Frenchman.
Before any potential offer was considered, Giroud would need to indicate that he wanted to leave the north London outfit.
Is Higuain a man for the big occasions?
While Higuain was ruthlessly effective in Serie A last season, he once again missed a couple of golden opportunities to score for Argentina in their Copa America final against Chile last month.
The former Real Madrid man also spurned good opportunities to score in the finals of the 2014 World Cup and 2015 Copa America - Argentina lost both - and questions were once again asked of the striker’s bottle when it comes to the biggest matches.
Would Gonzalo Higuain be a good signing for Arsenal? Have your say by leaving a comment below.