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The Sun reports Arsenal might face tough competition in signing Mauro Icardi as fellow North London rivals Tottenham Hotspur have joined the race for his signature.
Icardi has been heavily linked with a move to the Emirates Stadium and it was rumoured Arsene Wenger made him a top priority target after Jamie Vardy snub.
The French tactician is in search of a new striker with England international Danny Welbeck out due to a keen injury it is certain Wenger will be ready to break the bank for a lethal hitman in coming days.
However, the report further states Arsenal are ready to table a £32m ($41.75M) to sign the Argentine international who has been heavily linked with a move to the Emirates Stadium.
Arsenal will have to act fast as reports claim Spurs have held meetings with his representative for a possible move in summer.
Wenger is currently in search of a proven striker to fill in for injured Danny Welbeck who has been ruled out due to a keen problem for nine months.
The 23-year-old Argentinean international joined Inter Milan from Sampdoria in 2013 and has found the back of the net 52times and grabbed 15 assists in his 105 appearances for the Italian giants.
There is no doubt he has the quality to play upfront and act as an option for Olivier Giroud.