Arsenal are on the verge of making their second signing of the summer after activating the release clause in Jamie Vardy's contract.
The Gunners have set their sights on bringing in a top-class striker after learning that Danny Welbeck will miss nine months due to injury.
Vardy scored 24 goals in the Premier League last season to lead Leicester City to their first Premier League title and Goal can confirm a Guardian report stating his buy-out fee of around £20 million has been triggered.
Arsene Wenger is determined to get all of his business done before the start of the European Championship, having failed to sign a single outfield player last summer.
Wilshere keen to impress at Euros
Arsenal have already completed a deal worth more than £30 million, having signed Switzerland midfielder Granit Xhaka from Borussia Monchengladbach.
The north London side are also keen to bring in a centre-back to rival the ageing Per Mertesacker. A £750,000 bid for Bolton Wanderers defender Rob Holding has been rejected, though the 20-year-old would be unlikely to go straight into the first team.
Roma defender Kostas Manolas is on Wenger's radar and is currently on holiday in Greece awaiting an official offer, with Chelsea, Everton and Manchester United also interested.
- Goal