Arsenal are interested in signing Gremio forward Everton Soares, according to Sky sources.
The Brazil international says he has "an offer on the plate" but has declined to name which club have made it.
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It is understood Arsenal see Everton as a more financially viable option than Crystal Palace forward Wilfried Zaha.
Everton was Grermio's top scorer last season with 10 goals in 28 appearances and was named man of the match in the Copa America final against Peru which they won 3-1.
Arsenal face competition from other clubs including Atletico Madrid, who are said to be prepared to pay £30.5m for the 22-year-old.
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