Arsenal have been told they will need to pay an eye-watering amount to land one of their key transfer targets this summer, according to a report from The Telegraph.
The Gunners are keen to strengthen across most positions in the squad, with hopes that they will be able to retain the Premier League table, and perhaps win even more than that.
The forward areas have been a particular place of focus, with the North London outfit struggling to crack open games on several different occasions, with their dominance not always reflective of the scoreline or result.
Several options have appeared as players who could make the difference, with Morgan Rogers emerging as one of the main targets to add a spark up front.
However, a deal won't come cheap for the Aston Villa talisman.
Arsenal Told Morgan Rogers Price
Morgan Rogers
Arsenal are chasing a move for Rogers this summer, but it will come at quite a cost. According to The Telegraph, Aston Villa have quoted an English-record fee of £130 million to land the playmaker.
It's a move that would smash the record set by Alexander Isak's move from Newcastle to Liverpool, which cost the Reds £125 million last summer.
It would also eclipse the current window's largest fee, which is Elliot Anderson's move from Nottingham Forest to Manchester City, which has cost a staggering £116 million.
The report claims that Villa view Rogers as being worth more than his England teammate, though they are reluctant to allow a sale to go through.
Another sticking point for the Midlands club is a 20 percent sell-on clause that Middlesbrough have in the deal, which will eat into the overall profit they can make from the star - who they paid £15 million for back in 2024.
Arsenal's stance on such a fee is unclear, while rivals Chelsea are also keen on a move for Rogers, who has been described as a "superstar".
It would be quite a stunning transfer, however, that would set a new bar for transfer fees across the whole division.
World Cup 2026 Quiz
You scored
↩ Play again
Arsenal's Record Transfer Signings
Declan Rice in action for EnglandMatthew Childs via Reuters
If Arsenal were to cough up the £130 million, it would also set a record for the most-expensive signing in the club's history so far, overshadowing their other deals in the market.
The top ten are largely made up of more recent signings, but only Declan Rice's deal has seen the Gunners cross over the £100 million threshold.
Mikel Arteta Related
Arsenal Walk Away From Deal to Sign 'World-Class' Midfielder After Huge Reveal
Arsenal have seemingly walked away from a deal for one of their transfer targets, and will move on to other options this summer.
Declan Rice – £105m
Nicolas Pepe – £72m
Eberechi Eze – £67.5m
Kai Havertz – £65m
Viktor Gyokeres – £64.2m
Pierre-Emerick Aubameyang – £56m
Martin Zubimendi – £55.8m
Gabriel Jesus – £55m
Noni Madueke – £52m
Ben White – £50m
Having outlaid plenty in recent years for new signings, smashing the transfer record for Rogers would take them another step in the direction of spending.
It may add some immediate pressure on the England international, but it's unclear whether Arsenal will be able to get a deal over the line in the near future.