Arsenal are yet to launch an offer for the outgoing Barcelona misfit Philippe Coutinho despite harboring a genuine interest in the Brazilian.
Coutinho will return to Barcelona once Bayern Munich’s Champions League campaign is over, after failing to convince reigning Bundesliga champions to trigger his buyout clause.
But, former Liverpool playmaker has no future at Camp Nou either, with the Catalan giants looking to cash in on their overpaid flop.
Coutinho, who made a name for himself at Anfield, is desperate to return to the Premier League, with Manchester United, Chelsea, and Arsenal credited with an interest in taking him back to England.
It’s, in fact, Arsenal who are the front-runners in the race for the 28-year-old’s signature, as Barcelona keep close tabs on the Gunners outcast Matteo Gunedouzi.
Reports last week suggested the parties could arrange a player-plus-cash deal that would see Coutinho sign for the London side in exchange for Gunedouzi plus €10million.
Although Coutinho continues to be linked with a Premier League return with Arsenal, the Gunners have yet to table an offer, according to the Spanish outlet Mundo Deportivo.
Mikel Arteta and the club’s recruitment team are still studying the formula of the deal that would enable Arsenal to cope with Coutinho’s price tag and whopping wages.
After securing Europa League football for the next season, the Premier League heavyweights hope they can afford the Brazilian’s €10.1million-a-year salary.
Arsenal remain keen on snapping up Coutinho on loan, but they are reluctant to dish out €10million Barca are looking to get for sanctioning a season-long loan.