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Arsenal Transfer News: Latest Rumours on Alvaro Morata and Arda Turan

Arsenal have reportedly joined the hunt for Real Madrid striker Alvaro Morata and are prepared to pay £50 million to land his signature.

According to The Sun's Mark Irwin, Manchester United and Chelsea are also keen on the Spaniard, but the Gunners are reigniting their interest in him after losing out to Juventus in the race to sign him back in 2014, and they are prepared to offer a club-record fee to secure the deal.

Morata has been restricted to a back-up role since his return to the Santiago Bernabeu last summer but has nevertheless enjoyed the most prolific campaign of his career, notching 20 goals in all competitions as well as providing six assists.