Arsenal transfer news: Gunners look to sign Brazilian wonderkid Alan ahead of Real Madrid after impressive performances at the Under-17s World Cup

ARSENAL are looking to sign Brazil Under-17 star Alan Guimaraes ahead of Real Madrid, according to reports.

The Palmeiras attacking midfielder had reportedly agreed verbally to join Real in the summer.

But now Sports Illustrated have claim the Gunners are now interested in the 17-year-old.

Liverpool and Manchester United are both said to be eyeing up £50million bids for Alan.

AS claimed last week that Alan will link up with Los Blancos next summer after he turns 18.

In May is was confirmed international team-mate Vinicius Junior will sign from Flamengo in July 2019 as Bernabeu chiefs look to poach Brazil's best talent.

Highly-rated Alan began his career in the Sau Paulo youth team before switching to Palmeiras despite interest from Inter Milan.

He has a £44million release clause and Real will have to try an negotiate a lower price.

Their chances will boosted by the fact Alan's contract runs out in 2019.

Real have been pursuing the talent for some time, with fellow Brazilians Marcelo and Casemiro thriving for the Champions League winners.

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Barcelona and Real Madrid have been linked with another Brazil starlet after he bagged three goals from the first four games of the World Cup.

Playing alongside Alan, Lincoln has emerged as one of the world's leading young stars and could be available for £36m.

A deal would take Los Blancos' spending to over £100m but they would secure three potential world-beaters after missing out on Neymar to rivals Barca.