Gunners will have to pay up to land Colombian youngster.
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Arsenal will have to pay as much as £32m if they want to sign Colombian youngster Juan Fernando Quintero from Porto, according to the Daily Express.
Although there had been reports of a £16m deal being struck between the two clubs, it is now thought that Porto are determined to rake in the full price of the player’s release clause, which is double that amount.
The Gunners have emerged as surprise contenders to sign the highly promising 21-year-old, who shone for Colombia at this summer’s World Cup, and Arsene Wenger’s desire to sign another attacking midfielder will raise some doubts over the future of Santi Cazorla, who has been linked recently with Atletico Madrid.
Quintero is one of the most highly rated talents in South America and would no doubt be an exciting signing to go alongside Arsenal’s additions of Alexis Sanchez, Mathieu Debuchy, Calum Chambers and fellow Colombian David Ospina this summer.
Still, a move for the player to leave Porto for the Emirates Stadium may still be some way off completion.