Schalke fullback Sead Kolasinac has pre-contract offers from Manchester City and Arsenal.
Bild says he has been offered £120,000-a-week by both clubs.
The Bosnia-Herzegovina is available on a free transfer at the end of the season and had appeared set to switch to the Emirates.
It has even been claimed by some sources that the 23-year-old had already undergone an Arsenal medical and was due to be announced as one of their first summer signings.
However, those plans are now in serious jeopardy as Pep Guardiola's City joined the race for Kolasinac.