Arsenal know the price they must pay to sign Chelsea striker Tammy Abraham.

The Gunners are still interested in signing 23-year-old England international Abraham, who has fallen dramatically down the pecking order at Stamford Bridge.

Manager Mikel Arteta is an admirer of Abraham and it has been Arsenal's intention to bolster their strikeforce for several months now.

It has been reported the deal will take the form of an initial loan with a £40million obligation-to-buy clause included.

Arsenal would pay a large chunk - if not all - of Abraham's £80,000-a-week wages during the loan, says the Daily Mail.