Arsenal will be able to loan Philippe Coutinho from Barcelona for a minimum fee of €10m, according to a report.
Coutinho has spent this season on loan at Bayern Munich after struggling to settle in at Barcelona, but the German club have confirmed they will not be purchasing him outright.
That decision has led Coutinho to set his sights towards the Premier League once more, where he previously enjoyed a successful spell with Liverpool.
A number of Premier League clubs have been linked with the Brazilian, but ABC have suggested that Coutinho is at the top of Mikel Arteta's wanted list with Le10 Sport (via The Mirror) claiming the Gunners boss wants a major signing to take the club to the next level.
Now, according to reports from Mundo Deportivo, the Catalan giants are willing to facilitate a second successive loan move.
The option of a season-long loan, with a €10m fee, has been mentioned, but Barca will now include an obligatory purchase clause, rumoured to be set at €70m.
That's a significant drop on the €120m that Bayern baulked and may be within reach of Arsenal, who would have another 12 months to generate the funds to purchase the 27-year-old outright.
Earlier this month the player's representative, Kia Joorabchian, denied any transfer negotiations had taken place as of yet.
Speaking to talkSPORT, relayed on The Metro, Joorabchian said: "At the moment, we have not spoken to anybody about any deals whatsoever.
"I think at the moment everyone's concentration is regarding this pandemic and how football can restart the season in a secure environment and over the health and safety of everybody.
"I think the transfer side of things and where he will go or where people will go will come into play down the line when things have got back to some sort of normality."
- TEAMtalk media