The Gunners are determined to bolster their defence in the current transfer window and they have identified Calafiori as a top target.

The Italian has the ability to play in central defence or at left-back and Arsenal are now in advanced negotiations with Bologna.

Calafiori has already agreed terms over a long-term contract with the Italian club and he is prepared to move if Arsenal can sort the fee.

Bologna are eyeing €50-55 million for the former Basel man, considering they would need to pay 40 percent of the profits to his ex-club.

Chelsea are also in the running for his services, but they are only willing to negotiate a player-plus-cash deal for the 22-year-old star.

The Blues are walking a tight rope with regards to PSR spending limits and they can't afford to pay to negotiate a straight-cash deal for Calafiori.

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