Arsenal would have to pay Gabri Veiga’s €40m release clause to sign him from Celta Vigo this summer, according to a report.

VIGO, SPAIN - FEBRUARY 26: Gabri Veiga of RC Celta celebrates after scores his sides third goal during the LaLiga Santander match between RC Celta and Real Valladolid CF at Estadio Balaidos on February 26, 2023 in Vigo, Spain. (Photo by Octavio Passos/Getty Images)
VIGO, SPAIN: Gabri Veiga of RC Celta celebrates after scoring his side’s third goal during the LaLiga Santander match between RC Celta and Real Valladolid CF at Estadio Balaidos on February 26, 2023. (Photo by Octavio Passos/Getty Images)

Fabrizio Romano reports that Celta Vigo’s Gabri Veiga has a €40m release clause, and that’s currently the only way to sign him.

Celta Vigo don’t want to sell for less, and no club has yet triggered the clause or agreed terms with the player, leaving the race open.

The Premier League seemingly remains Veiga’s most-likely destination, but reports of Newcastle United closing in on a deal appear to be wide of the mark, with nothing advanced at this stage.

Arsenal have also been linked with the midfielder, who scored 11 times and assisted four in 40 matches this season.

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Celta Vigo's Spanish midfielder Gabriel Veiga celebrates scoring his team's third goal during the Spanish league football match between Real Betis and RC Celta de Vigo, at the Benito Villamarin stadium in Seville, on February 4, 2023. (Photo by CRISTINA QUICLER/AFP via Getty Images)
Celta Vigo’s Spanish midfielder Gabriel Veiga celebrates scoring his team’s third goal during the Spanish league football match between Real Betis and RC Celta de Vigo, at the Benito Villamarin stadium in Seville, on February 4, 2023. (Photo by CRISTINA QUICLER/AFP via Getty Images)

Celta president Carlos Mouriño confirmed in April that four of the Premier League’s top-10 sides had made enquiries for Veiga, but they planned to refer all of them to his release clause.

Celta Vigo were facing the very real possibility of going down, but managed to beat Barcelona on the final day to finish three points above the drop zone with Veiga scoring both goals in a 2-1 win.

VIGO, SPAIN: Gabri Veiga of RC Celta celebrates after scoring his side's third goal during the LaLiga Santander match between RC Celta and Real Valladolid CF at Estadio Balaidos on February 26, 2023. (Photo by Octavio Passos/Getty Images)
VIGO, SPAIN: Gabri Veiga of RC Celta celebrates after scoring his side’s third goal during the LaLiga Santander match between RC Celta and Real Valladolid CF at Estadio Balaidos on February 26, 2023. (Photo by Octavio Passos/Getty Images)

Spanish outlet Faro de Vigo previously reported that 21-year-old Veiga is keen to fulfil his dream of signing for Arsenal over the alternative sides chasing his signature this summer.

The Gunners are reportedly his favourite team, and Mikel Arteta’s sporting project and Arsenal’s commitment to young players are among the key factors mentioned in pushing the north London side ahead of the competition.

But Arsenal had only shown an interest at that stage, without making a formal bid or opening negotiations.

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