Arsenal have initiated contact for signing – Gunners wan’t deal at less than €50m

Arsenal are one of a ‘few teams’ who have initiated contact with Real Betis about signing Nabil Fekir, report AS on Monday.

AC Milan also get a mention, but no other clubs are named.

AS suggest an exit from Betis is possible this summer for the Frenchman, however, they’ve got big demands.

The Seville club want €50m for the former Lyon player, which would represent a big profit on the €20m (plus around €10m in potential bonus payments) they paid the Ligue 1 side last summer.

Arsenal don’t want to pay that much, with it being explained none of the clubs interested would be willing to hit the €50m figure. Lyon would be due 20% of any of the profit made, which is one reason for Betis to go as high as possible.

Fekir turns 27 years of age in July, and has had a reasonable first season with Betis, although it’s perhaps not unfair to say he hasn’t shown he’d be worth €50m in a straight fee.

Even if their interest is genuine, Arsenal are unlikely to bend, so unless Betis drop their demands there’s likely nothing happening here.