The future of Vinícius Júnior remains one of the biggest storylines of the summer transfer window. After contract renewal talks with Real Madrid stalled over financial differences, a new chapter has emerged in a saga that continues to attract attention across Europe.

According to Sport, the Spanish giants have already determined the price they would demand if negotiations over a new contract ultimately fail.

Meanwhile, Arsenal, which has been closely monitoring the situation for weeks, continues to wait for the right moment to attempt one of the biggest signings in the club's history.

Real Madrid Have Set Their Price

Although Real Madrid's priority remains extending Vinícius' contract, the club also wants to be prepared for every possible scenario.

According to the report, the board led by Florentino Pérez would only consider offers worth around €160 million, including both fixed payments and performance-related bonuses.

The figure is no coincidence.

The Brazilian is under contract until 2027, but negotiations have stalled after his representatives requested a loyalty bonus and a salary close to that of Kylian Mbappé, demands the club considers excessive.

With that in mind, Real Madrid does not want to risk seeing one of its most valuable assets lose market value as his contract gets closer to expiring.

Arsenal Continue to Monitor the Situation

The developments have certainly not gone unnoticed in London.

As we discussed in previous reports, The Athletic revealed that Arsenal considers Vinícius one of its dream transfer targets and continues to closely monitor the progress of his contract talks with Real Madrid.

The driving force behind the interest is believed to be Mikel Arteta, who wants to make another major statement after winning the Premier League and further strengthen a squad capable of competing for the UEFA Champions League.

However, the club at the Emirates Stadium is not rushing.

The strategy is to wait for confirmation that renewal talks between Vinícius and Real Madrid have completely broken down before submitting a formal offer.

Contract Talks Remain at a Standstill

The biggest obstacle continues to be financial.

Vinícius' camp wants a contract that places him on the same salary level as Kylian Mbappé, while Real Madrid remains committed to preserving its wage structure.

Both sides are expected to resume negotiations after the 2026 FIFA World Cup, in what could become the meeting that determines the Brazilian's future.

If no agreement is reached, the entire situation could change dramatically.

A Summer That Could Change Everything

At Valdebebas, club officials remain calm and continue to believe that Vinícius Júnior will remain one of the leaders of José Mourinho's project.

At the same time, the club understands that a transfer worth around €160 million would rank among the biggest deals in football history and provide significant resources for future signings.

For now, there have been no formal negotiations between Real Madrid and Arsenal.

But with contract talks still frozen and the Premier League champions carefully following every development, Vinícius' future promises to remain one of the biggest transfer stories in European football.

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