ARSENAL will have to fork out “something close” to £27m for transfer target Danilo Pereira.
Gunners boss Mikel Arteta has target a move for the Porto midfielder this summer transfer window.
Portuguese news outlet O Jogo report that Pereira will be available to leave.
However, Porto have not yet received an offer for the star that meets there valuation yet.
Various reports have stated Arsenal are only willing to spend around £18m on him.
But according to the latest speculation, that sum would be instantly rejected.
Porto rejected a bid of £27m for the 28-year-old Portugal international last year.
Now they allegedly believe that figure is a fair price for the ace.
That could cause a problem for the Gunners, who have a restricted transfer budget due to the financial effects of the coronavirus.
Arsenal are desperately looking to raise funds by offloading outcasted pair Mesut Ozil and Matteo Guendouzi.
Just last month Pereira appeared to issue a “come and get me” plea to the North London club, saying: “I think he [Arteta] is doing a really, really, good job there.
“He is a really good coach who started as the second coach at [Manchester] City, so he has a little experience and Arsenal play very good football and I think he is doing very well there.
“He is a Spanish coach, he is a bit similar to Portuguese coaches, they also want to play with the ball and improve with the ball, so I think he is a good coach.
“The style I think I can fit there, the way he plays also thinking on the ball, the team always has to be together – I think it is a good way to play.”
Pereira added: “Of course I like to be here in Porto to be here in my country, but I want to be in a better league like the Premier League.
“I always dreamed about playing in that league.
“I played also in Serie A but I think the Premier League is a huge league and one day I want to play there, to improve to be a better player.
“I think it’s the best league in the world.”