Arsenal have tabled an opening bid for AC Milan striker Mario Balotelli. The Mirror says the Gunners have lodged a stunning £25m bid for Balotelli.

But the Gunners are facing a tough battle from money-bags Monaco who also want the Italian ace.

Reports suggest the 23-year-old has been told he can leave AC as new manager Filippo Inzaghi looks to the future.

Arsenal signed a mega-money kit deal with Puma last season, which has come into effect this year.

Puma also have a deal with Balotelli and it is being reported that the kit manufacturer may be willing to help finance the deal to bring the striker to the Emirates.

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