Arsenal quoted price for James Maddison

Arsenal need to pay around £60m in order to prise away James Maddison from Leicester City this summer.

The Gunners are keen on landing a creative midfielder, and Maddison has recently emerged as the top transfer target.

According to TheAFCBell, the Gunners are eager to sign Maddison, and the player's representatives are expecting an approach.

The Foxes are not looking to offload their prized asset, but their resolve could be tested if the Gunners offer around £60 million.

The Midlands outfit would want most of the fee paid upfront as they are likely to use the funds recouped to land a replacement.

The Foxes have missed out on the top four by the slimmest of margins in recent years. They are eager to redeem themselves next term.

The club have added Patson Daka and Boubakary Soumare to their ranks. They are also on the verge of signing Ryan Bertrand.

They are looking to add more fresh faces to the squad. They may look to balance their books with a big-money exit this summer.