Arsenal will reportedly battle Tottenham and Manchester United for Real Madrid attacker Marco Asensio this summer, who could be available on a free transfer.

The three-time Champions League winner’s contract is set to expire at the end of the season and there is currently no indication that any agreement will be reached.

With that in mind, Asensio could prove to be an incredible bargain for one of the Premier League trio, so it will be interesting to see who comes out on top in the race.

TEAMtalk reported on Monday that Tottenham Hotspur were interested in penning a deal for the Spain international, but recent reports suggest that they will face competition from their rivals.

Since joining Madrid in 2014, the 27-year-old has made 265 appearances across all competitions, scoring 55 goals and making 29 assists in the process.

An exciting, versatile player, Asensio has the ability to play as a winger on either flank, as well as an attacking midfielder on occasion, so he could provide quality cover in multiple areas for Arsenal, Spurs or Manchester United.

He has played a key role in Madrid’s recent success, helping them to lift three Champions Leagues, three LaLiga titles, three UEFA Super Cups and four FIFA Club World Cups… enough to bring a winning mentality to any team.

Arsenal and Man Utd enter race for Asensio

According to Football Insider, Tottenham and Manchester United are ‘ready’ to battle Arsenal for Asensio’s signature, in what could arguably prove to be one of the best bargains in Premier League history.

As per the report, all three Premier League sides have now ‘made contact’ with the Spaniard’s entourage ahead of a potential summer move, so he could be able to choose between them this summer.

Arsenal have been in incredible form this season, currently sitting top of the Premier League table after winning 17 of their 23 matches so far.

This has been largely down to the performances of Buyako Saka, Gabriel Martinelli and Martin Odegaard, who are all regulars in Mikel Arteta’s team.

Asensio could provide competition for all three of them next season, and with Arsenal looking set to qualify for the Champions League, squad depth will be important for the Gunners.

As for United, they have plenty of excellent attacking options in their squad. Marcus Rashford is in the form of his life at the moment, while the likes of Antony, Jadon Sancho and Bruno Fernandes have shined under Erik Ten Hag.

Asensio would provide some world-class cover for all of those players though and arguably, is good enough to go straight into the Red Devil’s starting XI.

READ MORE: £62m Arsenal bid for ex-Premier League favourite emerges, with January recruit a distant third choice

Asensio could be a huge signing for Tottenham

Tottenham, however, are probably the most in need of new recruits, as they look to rebuild their squad ahead of next season.

This summer could be an eventful period for Spurs, with Antonio Conte coming to the end of his contract and Mauricio Pochettino lined up by Daniel Levy as a potential replacement.

Conte has previously said that his current squad is not at the level required to challenge for trophies, so bringing in Asensio could be a step in the right direction.

The Italian manager brought in Richarlison at the start of the campaign, but so far, he has failed to find form in London. Heung-min Son’s form has also been fairly inconsistent, while Harry Kane is being linked with a shock summer departure.

With that in mind, Levy and co will need to bring in players who can both create and score goals consistently, something that Asensio has done throughout his career.

It will be interesting to see which of the Premier League giants come out on top in the race for the Real Madrid star. At the moment, Asensio looks set for a switch to England.

READ MORE: Tottenham talks progressing as plans emerge for versatile star to make three-year commitment

The article Arsenal, Tottenham and Man Utd eye major summer bargain for three-time Champions League winner appeared first on Teamtalk.com.