Arsenal remain hopeless of signing Real Madrid midfielder Martin Odegaard.

Arsenal are reportedly set to raise an offer of £42m for Martin Odegaard this summer.

The Sun reporter Navarette reports: “Arsenal will probably need around 40 to 50 million euros to sign Odegaard.”

Martin Odegaard joins Arsenal With a loan contract in January from Real Madrid. He did an excellent job. Impressing boss Mikel Arteta. He made 20 appearances in all and scored important goals in games against Olympiakos and Tottenham Hotspur.

After the end of his loan contract with Arsenal Odegaard returns to training with Real Madrid While Arsenal have been working hard to bring him back to the Emirates Stadium on a permanent basis this summer.

The 22-year-old Norwegian has been placed as a successor to Toni Kroos in midfield and he has also been confirmed by manager Carlo Ancelotti that he has a bright future at Madrid.

However, the star is still thinking about his future. If he moved to Arsenal he would be a key player there. Or if he’s at Real Madrid he won’t be the mainstay of the team right away, he has to be patient and wait for the opportunity. Because both Toni Kroos and Luka Modric still maintain an excellent standard of play. There are also youngsters like Federico Valverde that Madrid are raising.