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Arsenal are looking into whether a dramatic move for Vinícius Júnior could be affordable, with the Brazilian’s future at Real Madrid still not settled. Vinícius has now entered the final year of his contract, and discussions over an extension have still not produced a final agreement.

Mikel Arteta wants to add more strength to the left side of Arsenal’s attack, and Vinícius would be a true superstar arrival.

His speed, direct running and record of deciding Champions League matches would instantly lift the level of a side already fighting for the biggest honours.

Real Madrid still want Vinícius to remain, but the contract situation has opened the door for interest from elsewhere.

Arsenal’s interest is still at an early stage, although the Gunners are seen as the most realistic option if Vinícius chooses to leave Spain this summer.

According to SPORT, Real Madrid will not think about selling Vinícius for less than €160 million.

The Spanish club want any deal to include a major guaranteed fee, instead of depending too much on difficult performance-based bonuses.

Madrid’s preference is still to extend Vinícius’ contract, but they also have to protect themselves from the risk of losing him for nothing in 2027.

Vinícius remains one of the club’s most valuable players, and Florentino Pérez is not prepared to accept a lower fee just because his contract is running down.

Arsenal are checking whether both the transfer fee and Vinícius’ wages could fit into their financial model.

No official bid has been made, but the Gunners are keeping close watch while Vinícius weighs up his future.

Sky Sports says Arsenal’s interest in Vinícius is genuine, even though there has been no direct contact between the two clubs.

From a football point of view, Vinícius would be an exceptional signing.

He could give Arsenal a top-level one-versus-one threat on the left, open up space for Bukayo Saka and bring the decisive quality required in major Champions League matches.

But paying €160 million for Vinícius when he could potentially become a free agent next summer would be a massive financial risk.

Arsenal also have to think about whether his wages would disturb their current pay structure.

Arsenal should stay patient until Vinícius gives a clear sign that he wants the move.

Vinícius is one of the few players who could change Arsenal immediately, but the transfer only makes sense if Madrid reduce their asking price or the Brazilian strongly pushes for a switch to the Emirates.