Athletico Paranaense have told Arsenal they are willing to accept a £21 million (€25 million) transfer offer for Bruno Guimaraes, according to a recent report.

The 22-year-old is being tipped for big things in his homeland, with Premier League duo Arsenal and Chelsea chasing the signature of the defensive midfielder.

Arsenal have already approached Athletico, as club president Mario Celso Petraglia confirmed this week Arsenal were keen to sign Guimaraes.

Athletico were holding out for closer to £26 million, but Goal claim the Brazilian side have now told interested parties they are prepared to sanction a £21 million transfer.

That figure would buy 80 per cent of the star’s economic rights, although Arsenal will be aware third-party ownership is banned in the PL.

Athletico have had a verbal agreement with SL Benfica since last year, but the Gunners could yet hijack the deal if talks with Liga NOS giants drag on.

‘Yes it’s true. Yesterday came the official offer from Benfica to sign Bruno Guimaraes,’ Athletico owner Petraglia told Portuguese outlet O Jogo.

‘Let’s study Benfica’s offer. On Monday we will meet the club board to assess this situation.’

‘Arsenal are interested, but will only make an offer towards the end of the season,’ Mario added.

Guimaraes would like to make a move this month, rather than wait until the summer to join a new club.

Borussia Dortmund are also touted with an interest in Guimaraes, who is on international duty with his country’s Under 23’s at the CONMEBOL Pre-Olympic tournament this month.

Mikel Arteta wants to land a midfielder and defender this month, but Arsenal are prioritising loan transfers due to financial restrictions.