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Arsenal transfer target told - Take a €2.7m pay cut!

Arsenal target Diego has been told he can continue at Wolfsburg... but at a price.

Brazilian playmaker Diego declared himself open to a switch to Arsenal a little over a month ago but his future remains unresolved.

Atletico Madrid and Southampton have ruled themselves out of the running, but as ever with the Gunners they are keeping their transfer plans close to their chest.

Not so in Germany, where his current club Wolfsburg are keen to keep Diego and want to offer him a new deal.

On one condition. He takes a huge €2.7 million pay cut.

Bild report that Wolfsburg are not prepared to offer him a renewal on par with his present €8.2m a year salary, which currently makes him the highest earner at the club.

The Brazilian has been a solid performer for the Bundesliga side but has not recaptured the scintillating form which once caused Juventus to pay €27 million for his services.

Despite this potential pay cut, Wolfsburg are still hopeful a deal can be struck.

Boss Klaux Allofs said: "We wait for the development. This is discussed with Diego."

The player himself mirrored his manager's comments, stating: "There is still no decision. But it is not far off. It depends on Allofs and the club."

If it gets to January without a deal which is likely, Diego will be free to begin negotiating a pre-contract agreement with other clubs, with a view to a free summer transfer.

It's likely he will keep his options open until then, where he will be able to see if the wages he is being offered are unfair or simply the market rate for a 28-year-old.

Diego made his name at Werder Bremen alongside Mesut Ozil, and the prospect of reuniting the pair is a positive one if the German can help the Brazilian recapture the sort of form he displayed there.

On a free transfer, as a back-up to Ozil he certainly would be a shrewd move if Arsene Wenger really wants him.

image: © funky1opti

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