Teenager Mbappe is Europe’s most wanted player after netting 15 league goals 

Arsenal are ready to make Monaco star Kylian Mbappe the world’s most expensive player ever, according to reports in France.

The Gunners were alleged to have made a €100 million (£87m) bid last week, which falls just shy of the figure Manchester United paid for record signing Paul Pogba last summer.

But now L’Equipe are claiming that Arsene Wenger has given the greenlight to an improved bid that exceeds even the offers put forward by Real Madrid and Manchester City for the teenager.

Arsenal ready record-smashing bid for Kylian Mbappe to blow Real Madrid out of the water

Wenger believes Mbappe can help Arsenal win the Premier League 

Wenger recently claimed that his side could not compete against sides with the financial might of Real and City, but he will nevertheless sanction a €140 million (£121m) bid.

That figure would eclipse the offers tabled by Real and City, who have topped out at €130m.

The deal would be by far the biggest in the history of the sport, and highlights exactly how highly rated the 18-year-old striker is.

Wenger believes Mbappe is destined for the very, very top, and is prepared to break the bank to land him.

Arsenal ready record-smashing bid for Kylian Mbappe to blow Real Madrid out of the water

Wenger and Ivan Gazidis were seen in the south of France on Sunday 

The fee would be three times as large as Arsenal’s current record transfer, which stands at the £42.5m they paid Real Madrid for Mesut Ozil.

Wenger was recently spotted in Nice – just a short drive down the coast from Monaco – with Arsenal chief executive Ivan Gazidis, getting Arsenal fans very excited.