PSG open talks with Arsenal over £30m move for Hector Bellerin with Gunners aware substantial fee for Spanish defender could help fund Mikel Arteta's summer transfer plans
Paris Saint-Germain have opened talks with Arsenal over a £30million move for Spanish right back Hector Bellerin.
Arsenal do not wish to lose the 25-year old but recognise any substantial fee could be utilised to strengthen the squad elsewhere.
Juventus and Bayern Munich are also among Bellerin's admirers but PSG have made the first move.
PSG have opened talks with Arsenal over a £30m move for Spanish right back Hector Bellerin
Arsenal don't wish to lose him but a sale could free up funds for manager Mikel Arteta to spend
Bellerin is under contract until 2023 but is open to a new challenge.
PSG have been long term admirers and persistent in their pursuit. They have proposed £25m with a further £5m in add ons.
Arsenal value him higher than that and talks will continue. Meanwhile, Arsenal confirmed the £22.6million signing of Gabriel Magalhaes from Lille on Tuesday.
The 22-year old Brazilian will wear the number six shirt and manager Mikel Arteta said: 'He has many qualities which will make us stronger as a defensive unit and as a team.
Juventus and Bayern Munich are also among Bellerin's admirers but PSG made the first move
'He has proved with Lille that he is a defender with many outstanding attributes and we are looking forward to watching him grow as an Arsenal player.'
Arteta, has spent £41m in fees already with Magalhaes' price due to rise to £27m eventually.
They have already signed Pablo Mari from Flamengo, made Cedric Soares's move from Southampton permanent and brought in Willian from Chelsea on a substantial contract. They now need to begin offloading players to help balance the books.