$78.56M BID Agreed- Arsenal table big-money bid to try and sign 25-year-old

Follow ooh to be a Gooner on Facebook and Twitter for more latest Arsenal news, match analysis, transfer news, injury news, team news and rumours from reliable sources around the World.

Arsenal manager Arsen Wenger is reportedly ready to spend big after missing out in next season Champions League action

Reports from the Sun suggest Arsenal are in pole position in signing Real Madrid unwanted star James Rodriguez this summer ahead of Manchester United and Liverpool.

The Colombian international has been told to walk after fallen so far down the pecking order at Real Madrid, he was also left out of the squad entirely for the Champions League final.

According to Spanish television show, El Chiringuito have revealed that it is Arsenal who lead the race for his signature, having tabled an offer that falls just short of their $78.56 million (£69.8m).

It is believed Rodriguez keen on a move to the Emirates as he already has ties to north London, having married Arsenal goalkeeper – and Colombia team-mate – David Ospina’s sister.

Follow oohtobeagooner on Facebook and Twitter for more latest Arsenal transfer news, injury news, team news and rumours.