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Arsenal have set a £13.4 million price tag on Spanish forward Lucas Perez according to Evening Standard.
Former Deportivo star is reportedly unsettled at Arsenal and accused the Gunners of their “ugly gesture” of stripping him of the No.9 jersey.
Newcastle United and Deportivo are both believed to be keen on to sign the 28-year-old forward.
Arsenal have already received a £9m offer from Deportivo earlier last week, however, are holding out for a £13.4m.
With Rafa Benitez is desperate to sign a new frontman ahead of 2017/18 season and Lucas Perez has been on top of his wishlist.
Following his £17 million moves from La Liga Perez has made 21 appearances in total for Arsenal but most of them has been made from the bench, and now he is keen on to leave the club to perform regularly and fight for his place in Spain national team ahead of Wolrd-Cup 2018.
Meanwhile, Alex Oxlade-Chamberlain could also being on the list of possible departures from Emirates Stadium with Liverpool thought to be his next destination.
The 23-year-old versatile midfielder is keen on to secure regular first-team football as he has the same goals as Perez for the upcoming World-Cup 2018.