Arsenal reportedly face competition from Premier League rivals Leicester and Leeds for the signing of Orkun Kokcu.
The Feyenoord midfielder has previously been linked with a summer move to north London.
But The Sun on Sunday have picked up on reports that Leicester and Leeds are now in contention to sign him after Feyenoord apparently reduced the asking price.
The story appears to have emanated from Spanish newspaper La Razon, which has tipped Kokcu to move to England rather than La Liga.
It is claimed that Feyenoord would be willing to accept £10m for Kokcu this summer even though he will have four years left on his contract.
The Dutch club have been struggling with financial problems and appear to be ready to sell.
The player himself has recently suggested that he has been told he will be allowed to leave at the end of the season.
“I have a contract until 2025 but the situation has changed,” he is quoted as saying.
“The club has been very clear about the financial situation and it is clear that it is not good.
“So if a club comes with a good proposal for me and the entity can enter a good amount, I imagine that it will be listened to.”