Arsenal have bid £18 million for Spanish superstar Juan Mata, according to The Sun.
Mata stared for Spain's victorious Under-21's at the recent European Championships, and his performances have been so impressive that a number of Europe's elite are interested to attaining his services.
The Valencia midfielder was also part of Spain's World Cup winning squad in 2010, but made just one appearances against Honduras.
After Liverpool reportedly expressed an interest before the championships in Denmark began, Arsenal have sprung a surprise with a club record bid of £18 million.
With Cesc Fabregas expected to leave Arsenal this summer, Mata is seen as the ideal replacement in midfield.
After the departure of Xabi Alonso, Liverpool have failed to recruit a calming influence in midfield, and Mata was targeted as being an ideal foil for the attack minded Steven Gerrard.
Valencia have, in the past, been forced into selling their prized assts due to their crippling financial problems, with David Villa and David Silva having both departed the Mestallan in recent years.
And with Arsenal and Liverpool both interested it could be likely that the Premier League duo will come up with a bid that will be too good to turn down.
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