Arsenal have reportedly tabled a €20 million offer plus bonuses for Santos’ striker Marcos Leonardo.

SANTOS, BRAZIL - JULY 23: Marcos Leonardo of Santos celebrates after scoring the team's second goal during the match between Santos and Botafogo as part of Brasileirao Series A 2023 at Urbano Caldeira Stadium (Vila Belmiro) on July 23, 2023 in Santos, Brazil. (Photo by Ricardo Moreira/Getty Images)
SANTOS, BRAZIL – JULY 23: Marcos Leonardo of Santos celebrates after scoring the team’s second goal during the match between Santos and Botafogo as part of Brasileirao Series A 2023 at Urbano Caldeira Stadium (Vila Belmiro) on July 23, 2023 in Santos, Brazil. (Photo by Ricardo Moreira/Getty Images)

Arsenal have reportedly made a significant move in the transfer market by offering €20 million plus bonuses for Marcos Leonardo, the young striker from Santos.

This bid comes amidst Santos’ relegation to the second division, which seems to have opened the door for Leonardo’s potential move to Europe.

Leonardo, 18, has been on the radar of several top European clubs, but Arsenal’s bid places them in a strong position to secure his services.

SANTOS, BRAZIL - JULY 23: Marcos Leonardo of Santos celebrates after scoring the team's second goal during the match between Santos and Botafogo as part of Brasileirao Series A 2023 at Urbano Caldeira Stadium (Vila Belmiro) on July 23, 2023 in Santos, Brazil. (Photo by Ricardo Moreira/Getty Images)
SANTOS, BRAZIL – JULY 23: Marcos Leonardo of Santos celebrates after scoring the team’s second goal during the match between Santos and Botafogo as part of Brasileirao Series A 2023 at Urbano Caldeira Stadium (Vila Belmiro) on July 23, 2023 in Santos, Brazil. (Photo by Ricardo Moreira/Getty Images)

Manchester United and Roma have also shown interest in Leonardo, but Arsenal have allegedly stepped up their pursuit in response. The proposed deal would bring Leonardo to the Emirates Stadium from January 1, should the clubs agree on terms.

This season, Leonardo has scored 21 goals, with four assists, in 49 games, averaging a goal or assist every 165 minutes.

He is currently valued at around €25m.