Palacios could cost the Gunners £15-20 million, according to a href=”https://twitter.com/FOXSportsArg/status/1131208836130516992″ target=”_blank”>Fox Sports Argentina. Real Madrid were previously leading the chase for Palacios to the extent that they had reportedly agreed a £20 million deal. However, following an injury, Madrid cooled their interest. Arsenal kept tabs on Palacios and are now readying a bid for the 20-year-old. He is seen as player with high potential according to the report, and is attainable with or without Champions League football. Palacios’s agent told Radio Continental that his client would be ‘leaving in June’ and that clubs from ‘Germany and England are asking for him’. READ MORE… 7 new rule changes are coming to the Premier League – but are they good or bad? One’s Kompany: just where have all the player-managers gone? Topics Arsenal, River Plate, Real Madrid, Transfer news Real Madrid set to make formal offer for Palacios, says agent Madrid want Palacios – River president D’Onofrio Kranevitter leaves Atletico Madrid for Zenit BREAKING NEWS: Rearranged Copa Libertadores final second leg set for Real Madrid’s Santiago Bernabeu Prospective Bolton buyers must show £25million proof of funds FIFA drops plans to expand 2022 World Cup in Qatar from 32 to 48 teams Bury players urge owner Steve Dale to walk away from club Inverness claim Dundee made ‘unsolicited’ approach for manager Robertson Tottenham star ‘will be a Real Madrid player’ after the Champions League final – report 7 new rule changes are coming to the Premier League – but are they good or bad? Manchester United 1998/99: still England’s greatest side Ranked! The 8 best captains in Premier League history Manchester United told to pay £50m if they want to sign Premier League rivals’ youngster Tottenham star ‘will be a Real Madrid player’ after the Champions League final – report