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Report: Real Madrid slap mammoth eight-figure asking price for Arsenal to sign Martin Odegaard

Photo by Stuart MacFarlane/Arsenal FC via Getty Images

Martin Odegaard only joined Arsenal from Real Madrid on loan last month but rumours surrounding his long-term future have been flying around already.

The Norwegian has started just three times for the Gunners and he has looked tidy. His performance against Manchester City last night wasn’t great, but that’s understandable considering that he was barely helped by the players around him.

Mikel Arteta has handed him three starts in a row now and he is clearly a big fan. The Arsenal boss recently claimed that he will sit down with everyone involved to see if we can take the relationship between the player and the club beyond the end of his loan deal. (Goal)

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That raised the excitement levels among Arsenal fans but dealing with Real Madrid isn’t easy. Florentino Perez is a tough negotiator and if a new report from Spain is to be believed, he will make it extremely difficult for us to sign him.

Diario Gol claim today that Real Madrid will let Odegaard, who has a £300 million release clause, join Arsenal if an offer between £60 million and £70 million arrives in the summer.

That is a humongous fee for a player who barely played in Madrid this season. However, the Galacticos had high hopes for him when they signed him as a 16-year-old, and they will do everything they can to get as much money as possible for him.

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Arsenal Insider’s view:

Mikel Arteta would jump at the chance of signing Odegaard permanently. However, we are never going to fork out that much money.

Odegaard is a phenomenal talent who could go on to become one of the best players in the world. He has all the characteristics to become a star in the Premier League, but Arsenal simply cannot afford that fee, especially if we drop out of Europe.

A lot can still change by the end of the season but if Real Madrid don’t bring down that asking price considerably, they will have to find a different buyer.

Arsenal will have to look elsewhere for a new number 10. Houssem Aouar might well be available for a lot cheaper, especially with French clubs in dire need of money due to the financial impact of the pandemic. (Read here)

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