Arsenal can save a whopping £21m as Mikel Arteta turns attention to talented midfielder

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Mikel Arteta's Arsenal could secure a reduced fee for Porto's Victor Froholdt, with the club expressing interest in the 20-year-old. Reports of a potential transfer for the midfielder surfaced on Thursday.

The Times reports that the Gunners are among a number of Premier League clubs to have monitored the Denmark international this season. Newcastle United are also said to be keen.

The report indicates that Arsenal have been told it would take approximately £52million to bring Froholdt to north London in the summer. That represents a £21million reduction from the £73million release clause written into his contract, a sum Porto acknowledges is unrealistic.

Froholdt has caught the eye during his maiden season in Portugal following his switch from Copenhagen last summer. In the 2025/26 campaign, he has netted eight times and registered six assists across 50 appearances in all competitions to date.

Despite being only 20 years old, the midfielder, who typically operates on the right of a midfield three, has already earned 10 senior caps for Denmark.

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He will not, however, be participating in this summer's World Cup, as Denmark fell to Czechia on penalties in the play-off final last month.

Alongside Arsenal and Newcastle , Danish publication Bold reports that Liverpool are also tracking the midfielder. He remains under contract with Porto until 2030.

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Heading into the summer transfer window, Arteta 's side have identified a new central midfielder and full-back as key targets ahead of the upcoming season.

However, securing a new left-winger remains the top priority.

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Paris Saint-Germain's Khvicha Kvaratskhelia is the most coveted option for the Gunners , though PSG have made it clear he is not available. Arsenal will come up against the winger in the Champions League final in Budapest later this month.

Arsenal secured their spot in the showpiece finale with a 2-1 aggregate victory over Atletico Madrid. PSG edged past Bayern Munich 5-6 on aggregate, with the two clubs set to clash on Saturday, 30 May (5pm kick-off).