AS Monaco have made a stunning contract offer to Arsenal fullback Bacary Sagna.

The France international's current deal expires in June.

Monaco are willing to pay £120,000-a-week AFTER tax for three years along with a signing on fee of £10m spread over that period, says the Daily Star.

Real Madrid, Paris Saint-Germain, Bayern Munich and Galatasaray are also keen on the defender, who has been one of Arsenal's most consistent performers this season.