Unai Emery has been in contact with Thomas Meunier several times, but Arsenal may not have the money to complete a deal for him, according to reports.

Kristof Terreur, a Belgian journalist who works for HLN, told Sky Sports’ transfer podcast that he expects Meunier to leave this summer. Arsenal head coach Emery is keen on a transfer, but missing out on Champions League football may cost the Spaniard.

“He (Meunier) knows he has only one year left on his contract and has not seen an offer from PSG for an extension, so yes he should leave,” Terreur said (via Le10Sport).

“He enjoys life in Paris and would have no objections to staying, but Unai Emery has been in contact with him several times because a right defender is a priority at Arsenal. But do they have the money when they did not qualify for the Champions League?

“PSG wants to sell him but at a fair price, between €22m and €28m.”

Le10Sport report that Atletico Madrid and Everton are pushing ahead with their own moves for Meunier, submitting formal offers to PSG.

As a result, reports from Belgium this week that an Arsenal transfer ‘seems unlikely’ at this stage appear to be proving accurate.

The Gunners already have Ainsley Maitland-Niles to play the position for the time being, plus Hector Bellerin returning from injury. Jordi Osei-Tutu has also been excellent for the u23s and perhaps deserves more of a chance.

Meunier made 31 appearances for PSG this season, scoring five goals and providing seven assists. Recent quotes from the player himself suggest he would happily remain in the French capital, though he only has a year left on his contract as it stands.