Arsenal fear they will miss out on top transfer target Kylian Mbappe with Real Madrid in talks for the Monaco sensation.
Arsene Wenger's side have long-standing interest in the France international but are now set to lose out.
Reports in France suggest the Gunners have made an £87million bid for Mbappe, but with Real Madrid circling and Arsenal unable to offer Champions League football it is unlikely they will get their man.
The Spanish giants are looking to make a statement signing this summer and see Mbappe as the perfect fit.