Arsenal, Liverpool and Chelsea in a race for Odegaard's long-term signature

The much-praised Norwegian striker Martin Odegaard, 22, who has flourished on a loan at Arsenal, is under the spotlight as he has made stellar progress under Mikel Arteta's guidance. Now the Gunners wish to make his short-term deal with them permanent, but there are quite a few obstacles on that road.

According to Daily Star, Arsenal face competition from Liverpool and Chelsea, with the Gunners fearing Real Madrid are set to place a £50million price tag on the Norwegian. The Spanish champions are said to value the midfielder at £30m, but the Gunners are said to fear that Odegaard's impressive performances could see them increase their asking price to £50m.

It’s done! Arsenal bring in Martin Odegaard from Real Madrid

Arsenal are not in a position to compete financially with Chelsea while Paris Saint-Germain are also said to have shown interest along with Jurgen Klopp's Reds. Odegaard endeared himself to Gunners fans by scoring in the north London derby victory over Tottenham earlier this month. He was also on target in their first-leg victory over Olympiacos in the Europa League last 16 and has made a total of 12 appearances since his January move.

Mbappe or Haaland? Let's go with Kane

Real could still decide Odegaard has a future at the Bernabeu but the club also want to raise funds for their own transfers with Kylian Mbappe and Erling Haaland at the top of their list. Sportsmail reported that Real will go all out to try and sign the Paris Saint-Germain and Borussia Dortmund stars, who are seen as the successors to Cristiano Ronaldo and Lionel Messi. The LaLiga side could reportedly sell as many as six players to fund the transfers with Odegaard one of the stars they would likely be willing to let go.

Dortmund will not let Haaland leave earlier than planned... At least not for "pocket change"

Haaland has a release clause of £65m, which becomes active next season, but Dortmund are demanding around £150million to secure his signature, with a bidding war this summer expected. Mbappe is contracted until 2022 and, with PSG unwilling to sell, would likely cost more.