Arsenal boss Mikel Arteta reportedly wants the Gunners to sign Wolves winger Pedro Neto ahead of Brentford striker Ivan Toney in the January transfer window.
According to FootballTransfers (h/t CaughtOffside), Arteta wants Neto to lighten the workload on Bukayo Saka in his squad.
The report added that Arsenal have a limited transfer budget and value the Portugal international at £40 million.
Wolves, meanwhile, believe their player Neto is worth £70 million.
Neto has scored 12 goals and provided 18 assists in 119 games for Wolves since joining them from Serie A side Lazio in 2019.
The 23-year-old has scored one goal and provided five assists in eight matches for Wolves this season.
His contract with Wolves will expire in the summer of 2027.
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