Dalian Yifang have informed Arsenal what they must cough up to sign Yannick Carrasco.
Carrasco, 25, is keen on playing in the Premier League and was close to joining the Gunners on loan in January.
But the deal failed to materialise, but now the forward looks like he will get his wish agreeing a deal with the North London side, according to Sport Mediaset.
Arsenal are yet to agree a fee with the Chinese outfit who are refusing to budge on their £25million valuation of Carrasco.
With their small £40m summer budget, the Arsenal top brass are trying to seal a season-long loan with an option to buy.