Arsenal are prepared to let Pierre-Emerick Aubameyang enter the final year of his contract if they do not receive a bid in excess of £20m this summer, claims The Sun.
Aubameyang has just over 12 months left to run on his existing Arsenal contract and is not interested in renewing with the Gunners.
The former Borussia Dortmund striker has already been linked with moves to the likes of Chelsea, Manchester United and Real Madrid in the last month.
Available for a cut-price fee this summer, many of Europe's biggest clubs are interested in signing Aubameyang but he is not necessarily their first choice target.
United are now unlikely to move for the 30-year-old after extending Odion Ighalo's loan spell until January, while Chelsea have RB Leipzig's Timo Werner in their sights.
Arsenal manager Mikel Arteta is desperate to convince Aubameyang to stay and the club are prepared to dig their heels in over his future.
Even with transfer fees set to tumble this summer as a result of the Coronavirus pandemic, Arsenal will refuse any offers less than £20m even if it means Aubameyang walks on a free next year.
Aubameyang has been superb in front of goal ever since joining Arsenal from Borussia Dortmund for £56m in January 2018 and was made club captain in November.
Indeed, since arriving at Arsenal only Mo Salah (51) has scored more Premier League goals than Aubameyang (49).