Reports are out claiming that Arsenal boss Arsene Wenger has confirmed he wants to sign Villarreal defender Gabriel Paulista.
The 24-year-old centre-half has a £15m release clause in his contract with the Spanish club.
“The talks are progressing quite well. I don’t think there is need to say much more,” he said. “We are talking at the moment, whether we can find an agreement or not, I don’t know.
“We are slowly progressing, but there is a chance. At the moment we are talking. The 20 million is euros, it’s £15m to transform the amount.
“We are ready to pay the price we think right for a good player, no matter what the price is. If we think it’s the right price we will pay.”