Joao Felix’s price was announced after Atletico Madrid’s U-turn amid Arsenal and Tottenham transfer links

Arsenal and Tottenham have been told how much it could cost to sign Joao Felix from Atletico Madrid this summer, with both clubs now being alerted to the 22-year-old’s availability after Diego Simeone reportedly changed his stance on the striker.

March, football.london understood the Gunners were interested in signing the Portugal international, with Mikel Arteta keen to strengthen his front line following the departures of Alexandre Lacazette and Pierre-Emerick Aubameyang. At the time, however, Felix was considered untouchable by the Spanish giants but the Atletico Madrid boss has since had a change of heart.

Meanwhile, The Express report that Atletico may be willing to bring in Tottenham forward Giovani Lo Celso – who enjoyed an impressive loan spell at Villarreal last season – as part of a deal with Felix.

Corresponding BarcaTimes, Felix is ​​no longer considered ‘unemployable’ by Simeone and the striker’s agent is in touch with a number of clubs – one of which is said to be Paris Saint-Germain. Speaking about a move to Arsenal amid speculation in March, the 22-year-old insisted his player was “happy” at the Metropolitano Stadium and was central to Atletico’s future endeavours.

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Simone said: “Joao Felix fulfills what the team needs. We have a way of working with the strikers. He’s doing very well, he’s happy, enthusiastic and it’s very important on an individual level so that later he can move on to the collective.” That’s what matters.”

However, if Arsenal or Tottenham want to win the race for Felix this summer, they must be prepared to put around £103.7million on the table, according to the CIES Football Observatory. The forward had his best season for Atletico this season, contributing eight goals and four assists in 24 LaLiga games before an injury ended his season early in April.

Felix, whose contract expires in 2026 in the Spanish capital, was named the club’s player of the season in May but has yet to reach the heights he has come to expect since joining from Benfica in 2019 for a staggering £114million. Nonetheless, it has managed to attract a great deal of interest from Europe’s leading quarters.

While the north London duo are reportedly facing competition from PSG, who hold Champions League qualification against the Gunners, Arteta is said to still be interested in signing Felix. And the Spaniard’s proposed overhaul – similar to last year’s £150million summer glory – could prove to be a lucrative selling point.

Asked if he expects another busy transfer window in terms of player recruitment, he said: “I expect it, yes. I think both competitions [the Champions League and Europa League] require a much larger squad because the number of games you play is much larger either way, so I don’t think so [which you qualify for] makes a big difference or changes a lot.

“If you can afford it financially and we don’t have to do the squad turnaround that we had to do if you ask me what I want, it’s 22 outfield players and three goalies. They have a long way to go in terms of the aspects you see on the pitch, there are a lot of things that need to be implemented and that takes time.”

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