Arsenal are poised to strike a deal with Valencia for centre-back Shkodran Mustafi after the Spanish club conceded that they need the money.
The Gunners are already without defenders Per Mertesacker and Gabriel Paulista, while Laurent Koscielny is being eased back into the season following his exploits with France at Euro 2016.
Arsene Wenger has reportedly had a £16m bid for Jonny Evans turned down by West Brom, but may find Valencia more willing to negotiate a price for their stand-out centre-back.
Los Che had set Mustafi’s asking price at £30m, yet the Gunners could land the 24-year-old for significantly less after Valencia chief Garcia Pitarch admitted that the La Liga outfit are currently failing to meet FFP regulations.
Pitarch said: “We’re above the FFP guidelines, that’s the reality, and as of today, the four players we’ve signed cannot be registered, meaning we need to reduce the cost in a significant manner to register the players and sign a centre-back, which is a priority in case one of the ones at our club leaves.”