Man City have put a price tag of £50million on Gabriel Jesus this summer.
The Brazilian forward is expected to leave the Etihad this summer following the arrival of Erling Haaland and Julian Alvarez which would definitely hinder his first-team opportunities.
He has one-year left on his City contract and the club is asking £50million for his services.
The Gunners are the frontrunners in signing the 25-year-old forward and hopes to get the deal done in the coming days.
Noel Whelan said: “Talking about this [financial] fair play, this is money to bring in that takes away pressure from the Haaland deal.
“Every player that goes out is knocking down that transfer fee from Haaland and it levels everything up.
“You get £50 million, that’s a great return on a player that’s not been consistently in the team at Manchester City.
“If they are willing to pay £50 million, that is a real good chunk of money and a return back for a very good player.
“I think if you’re that desperate to get a player in, of that quality, for four years, it is not a bad price to pay for a player of Jesus’ quality.”
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