Arsenal are keen to keep their skipper Pierre-Emerick Aubameyang by offering him a new contract.
According to the Telegraph, the new contract is worth about £250,000 a week plus bonuses as they try to convince the 31-year-old to stay.
Aubameyang has been the subject of speculation over the past few months as he has been linked with a move away from the Emirates.
He, has less than one year left on his current deal in North London.
Aubameyang has again shone during a difficult season for the club, and scored both goals in the 2-0 FA Cup semi-final win over Manchester City.
Arsenal boss Mikel Arteta has publicly spoken about his desire to keep Aubameyang at the club and away from the clutches of his possible suitors.
European Giants like Barcelona and Inter Milan have been linked with the striker but the effects of the coronavirus pandemic could curtail a move for the player.