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Arsenal 'moving closer to £40m signing of Youri Tielemans from Leicester' as Mikel Arteta seeks to strengthen his midfield... but Real Madrid could still pounce if Gunners don't make the Champions League

Arsenal 'are closing in on the £40million signing of Leicester's Youri Tielemans' - but the Gunners could face competition from Real Madrid.

The Gunners want to bolster their midfield options as they return to European competition next season and the Belgian has emerged as a prime summer target.

The Sun report that both Arsenal and Tielemans are increasingly confident he will be walking out at the Emirates Stadium next season.

Youri Tielemans 'is close to a u00a340million move to Arsenal' ahead of the summer window

Youri Tielemans 'is close to a £40million move to Arsenal' ahead of the summer window

Tielemans is also attracting some interest from Champions League finalists Real Madrid

Tielemans is also attracting some interest from Champions League finalists Real Madrid

However, Real could still reportedly swoop if Mikel Arteta's side fail to qualify for the Champions League.