Arsenal is preparing a $43.04 million bid for Eintracht Frankfurt's Hugo Larsson, drawing interest from Liverpool and Tottenham Hotspur as well.
Hugo Larsson's exceptional game-reading ability and defensive contributions have impressed top European clubs, with him having scored three goals this season for Frankfurt.
Frankfurt is unlikely to sell Larsson for less than $75.3-86.1 million, making Arsenal's bid below expectations in a competitive transfer race.
The Gunners need to not only meet financial demands but also convince the talented midfielder to choose them over other top clubs.
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