Arsenal will battle with Liverpool for Atletico Madrid keeper Jan Oblak, according to reports.
Arsene Wenger is looking to revamp his squad and has made bagging an elite keeper a top priority.
Petr Cech has failed to convince in goal for the Gunners with a string of costly errors this season and David Ospina is not the long-term answer.
New Gunners head of football relations Raul Sanllehi has made the Slovenian keeper his main summer target, according to AS in Spain.
There was confusion in the Spanish capital regarding the 25-year-old’s future with reports Oblak had signed a new deal with Atletico.
The keeper himself revealed he has a contract at the Wanda Metropolitano until 2021, but has a release clause of £88million.
Liverpool are actively looking for a keeper upgrade with Jurgen Klopp underwhelmed by Simon Mignolet and Loris Karius.
The Kop have been linked with Stoke keeper Jack Butland who would set them back a world record fee of £40m.
Oblak’s release clause is double the England internationals valuation, numbers Arsenal are prepared to match according to Spanish reports.
Atletico boss Diego Simeone also faces a battle to keep forward Antoine Griezmann at the club.
The French striker nearly joined Manchester United last year, but opted to stay on as the club were unable to sign players due to a transfer ban.
Griezmann, 26, has now been linked a blockbusting move to Barcelona and Los Rojiblancos president Enrique Cerezo denying the striker has already agreed a switch to the Nou Camp.
He told Marca: “Griezmann has a contract and cannot sign with another team, these are facts.
“He has not told me at all about wanting to move away so it would surprise me a lot of this was his desire.
“What is certain and what I can tell you is that he is under contract and this means no other sign can sign him without our permission, and it is a long contract.
“We should not be nervous about this, I believe he is happy and wants to continue to play for Atletico beyond this season.”