Arsenal intend to double Hector Bellerin's wages to keep him at the Emirates.
Former club Barcelona are keen on bringing him back to Spain while Pep Guardiola wants him at Manchester City.
But The Sun report that Arsene Wenger is ready to nearly double his £50,000-a-week wages to £96,000-a-week.
Bellerin, 21, moved to Arsenal in 2011 from the Barcelona academy and broke into Wenger's side in 2014 due to injuries to Matthieu Debuchy and Calum Chambers.
However the Spain international has surpassed both of those in the pecking order with Chambers now out on loan to find first team football.
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