Arsenal want Thorgan Hazard
Hazard, brother of Chelsea star Eden, spent three years at Stamford Bridge before joining Borussia Monchengladbach in 2015.
The Belgium international has since emerged as one of the hottest prospects in the Bundesliga, scoring 22 goals and providing 23 assists in his 110 appearances for Gladbach.
And according to German outlet Nieuwsblad, Arsenal have already made contact with Gladbach about signing the 24-year-old this summer.
The Gunners are said to be prepared to spend £15million on Hazard, but Gladbach sporting director Max Eberl is reportedly unwilling to do business for such a small fee.
Thorgan Hazard has made 110 appearances for Borussia Monchengladbach
Arsenal want Borussia Monchengladbach midfielder Thorgan Hazard
Gladbach signed Hazard for just £6m two years ago after an initial loan spell and are thought to value his services at around £26m.
The former Lens midfielder admitted in February that he would be open to returning to the Premier League in the future.
"The Bundesliga is a good championship and, for now, I want to stay here," Hazard told Goal. "In the future maybe I will be in England again.
"I hope I can end my career in Belgium, but at the moment I don’t think about the end of my career.
Thorgan Hazard failed to make a single first-team outing for Chelsea Arsenal v Chelsea combined XI Fri, May 26, 2017
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"I am happy here, my family is happy, we are next to Belgium with our family there and they feel perfect.
"It is the most important thing, if my family feel good then I feel good. I speak a bit of German and I am getting better every day.
"I am just at the beginning. I like German football, but England have a great championship too and a lot players want to play in England.
"It is also special, but for now I feel good here. A lot of journalists write things."