Mikel Arteta has £55m transfer meeting as Arsenal close in on second summer signing

Mikel Arteta has identified his next top target with a move for Dusan Vlahovic
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Who will be Arsenal's second signing of the summer? The Gunners have only signed David Raya so far in the summer transfer window, with the goalkeeper putting pen to paper on a permanent deal after being on loan last year.

Arsenal have been linked with a number of players, with Riccardo Calafiori expected to be the first new name through the doors at the Emirates Stadium. Arsenal are in talks over signing the defender, who impressed for Italy during Euro 2024.

Bologna want around £42million for Calafiori, with Arsenal keen to negotiate a lower fee. It has been reported that personal terms have been agreed with the player and it would seem only a matter of time before a deal is completed.

However, if it is not done quickly, Arsenal could move to make another signing instead - Mikel Merino. The Spaniard scored the winner in the quarter-final win over Germany and has played a key role, mainly off the bench as Spain have made it to the Euro 2024 final.

Arteta is understood to be a big fan of the player's 'talent and physicality' and Merino would offer added strength in depth to the Gunners' midfield.

And according to Mundo Deportivo, Arteta is take a personal approach to signing the midfield man. Arteta is "personally trying to convince" the 28-year-old to join the north Londoners.

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Merino has just one year left on his contract at Real Sociedad and has a £55million release clause. Arsenal will feel they can get the midfielder at a cheaper price, given his contract situation, but his performances for Spain may make that more difficult.

Arsenal may need to offload some players before making big-money signings, in order to comply with Financial Fair Play and Profit and Sustainability Rules. The likes of Emile Smith Rowe, Thomas Partey and Albert Sambi Lokonga have all been linked with exits from the Emirates Stadium.