Mario Balotelli latest: Arsenal 'to offer £180,000-a-week' to bring AC Milan striker to the Emirates stadium
The Italy international is one of Arsene Wenger's top targets this summer and the French manager is prepared to break the bank to bring in a world-class striker to the club
Arsenal are set to offer Mario Balotelli a deal worth £180,000-a-week in a bid to lure him back to the Premier League, according to reports in Italy.
The AC Milan forward, who joined the Italian giants from Manchester City in January 2013, is reported to have set his sights on leaving the Rossoneri this summer.
His agent, Mino Raiola, has already refused to rule out a move for the 23-year-old this summer, and Arsenal are said to be weighing up a £25 million offer to force Milan's hand, although it has emerged that the Italian club would be interested in taking Joel Campbell to the San Siro as part of any deal for Balotelli.
According to The Metro, there has not been a formal approach yet from the north London club, but speculation in Italy suggests senior officials at Arsenal - including chief negotiator Richard Law - have drawn up a lucrative contract that would see Balotelli earn £9.3m-per-year.
Read more: Balotelli agent refuses to rule out move
Arsenal ready to pay £25m for Balotelli
Arsenal 2014/15 Premier League fixtures
As part of the deal, Arsenal would require a share of Balotelli's sponsorship deal, which is reported to be worth millions in extra income.
And his current boot deal with Puma only adds substance to the idea that the German company could help fund the deal, having signed a long-term sponsorship deal with the Gunners which begins next season.
Balotelli scored 18 goals in 41 games last season for AC Milan.
Latest in Sport
Ireland v England Six Nations match preview: What time does it start and where can I watch it?
Chelsea vs Tottenham combined XI: Hugo Lloris or Thibaut Courtois? Willian or Christian Eriksen? Who makes the final cut?
Manchester United vs Sunderland match report: Wayne Rooney scores twice but referee Roger East sends off Wes Brown instead of John O'Shea
Scotland vs Italy match report: Italians stun Murrayfield as Scots clinch defeat from the jaws of victory
Manchester United player ratings: Just how bad was Angel Di Maria to be withdrawn at half-time?
- 2 Raif Badawi, the Saudi Arabian blogger sentenced to 1,000 lashes, may now face the death penalty
- 3 PornHub turns masturbation into energy in bid to save the planet
- 4 Robert Mugabe eats a zoo for 'obscene' 91st birthday party
New theory could prove how life began and disprove God
This is what it's like to be dead, according to a guy who died for a bit
'Cash for access' scandal: Sir Malcolm Rifkind says 'unrealistic' for MPs to live on £67,000 salary
'Jihadi John': CAGE representative storms off Sky News accusing Kay Burley of Islamophobia
Ukip would cut billions from Scottish budget to fund English tax cuts
Russia's roadmap for annexing eastern Ukraine 'leaked from Vladimir Putin's office'