Arsenal are keen to sell Fabio Vieira this summer and are happy to take a significant loss on the Portuguese after a forgettable spell with the club.
The 25-year-old joined Arsenal from Porto in 2022 for an initial fee of just under £30m, with the potential of £4.4m in add-ons.
The attacking midfielder featured regularly in his first season in north London, making 33 appearances, but made little impact in doing so.
Over two campaigns with Arsenal, Vieira made 49 appearances, scoring three goals in all competitions. His Premier League record stands at 33 appearances, two goals and four assists.
His forgettable time at the Emirates saw Vieira loaned back to former club Porto for the 2024/25 season, where he turned out 42 times in all competitions, scoring five goals.
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He may have been a regular for Porto, but the club had no plans to try and extend the loan or make the deal permanent.
There is interest in Vieira, though, with Italian publication Gazzetta dello Sport reporting that Parma are keen on signing him this summer.
Carlos Cuesta is the new manager of Parma after he left his role as Mikel Arteta’s assistant at Arsenal to take charge of the Serie A side.
It is Cuesta’s first role as manager and he is keen to reunite with a player he worked with in north London.
Arsenal are very happy to let him go and are willing to accept just €20m (£17.2m) for this services, a significant loss on what they paid three years ago.
Arsenal are looking to raise funds as they continue a significant summer of spending, having already brought in Martin Zubimendi and Kepa Arrizabalaga.
Viktor Gyokeres is expected to follow in the near future, while the Gunners are also pursuing a deal for Chelsea and England winger Noni Madueke.
Valencia’s Cristhian Mosquera and Crystal Palace’s Eberechi Eze have also been linked, but the Gunners would likely have to secure some outgoings if they are going to make that many signings.
Reports have suggested that Arsenal will consider offering a player as part of a swap deal for Eze in the hope of bringing down the price.