Real Madrid put £50m price tag on Arsenal target

European Champions Real Madrid have told Arsenal it will cost them £50million to sign Alvaro Morata. 

Real Madrid are expected to activate their buy-back clause for the Juventus striker this summer, which will see them snap him up for £23m. 

The Spanish giants are then planning to instantly sell Morata and Arsenal have already informed them of their interest. 

But now, according to reports in Spain, the Gunners have been told it will cost them a club record £50m to sign Morata this summer. 

Real Madrid are aware of the growing interest in the 23-year-old, with Chelsea and Manchester United also considering moves.