Arsenal can sign a "world-class talent" in Pedro Neto from Wolves this summer, but would need to pay a significant fee to secure his services.
Reports last week suggested the Gunners are 'prioritising' a move for Neto before the summer transfer window shuts. Wolves' reluctance to sell and a valuation of £50million may deter technical director Edu from looking to strike a deal, though, with Cody Gakpo a potential alternative to the Portuguese talent.
Mikel Arteta remains keen to sign a new forward option before the transfer window closes after Nicolas Pepe departed the club on-loan to join Ligue 1 side OGC Nice for the 2022/23 season. Neto fits Arsenal's ideal profile due to the fact he has Premier League experience and is a talented youngster with a high ceiling to develop.