The Gunners are in the market for a center forward, as they have struggled to score from open play this season.
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Per The Sun, Everton are ready to cash in on the striker, as he is not signing a new deal.
The Toffees can get up to £20M for the English forward, who is prepared to leave the club.
Calvert-Lewin wants to win trophies and believes he can play at a higher level.
While Everton have new owners, he may not be ready to wait for the team to become competitive.
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