Arsenal and Liverpool must act in the coming weeks if they want to land Bayer Leverkusen goalkeeper Bernd Leno for an affordable fee.

The Germany international has been linked with both Premier League giants, along with Napoli and Real Madrid.

BILD says Leno's deal carries a buyout clause set at €25m - with the option expiring on April 30.

The 26 year-old's deal runs to 2020 and Bayer are pushing to settle on a new deal with his representatives.

It's suggested Leno's future will be decided before May.