Arsenal are preparing a move for Lazio midfielder Sergej Milinkovic-Savic.

The Serb is emerging as an option for the Gunners as they seek to boost their midfield this summer.

Il Corriere dello Sport says Arsenal are considering a move for Milinkovic-Savic, who has made 294 appearances in seven seasons at Lazio.

The Gunners would be willing to pay over £42million to sign the Serbian international.

However, Lazio could look to hold out for at least £55million for their inspirational midfielder, who they are in no rush to sell with two years left on his deal.

Newcastle are another club said to be interested in the 27-year-old, but are not thought to be an attractive proposition for the Serbian star.