By Tony Hughes

Arsenal star Alex Iwobi is in line for a new £50,000-a-week contract six months after signing his previous deal, according to a report.

The Daily Mail claim that the attacking midfielder, 20, is set to open talks with the club about improved terms after establishing himself as a first-team regular at the Emirates.

Iwobi only penned his current £25,000-a-week deal in April but it is said he will be rewarded with a pay rise to reflect his status in Arsene Wenger’s team.

Iwobi has already featured seven times for the Gunners this season, providing three assists in five Premier League and two Champions League fixtures.

The academy product has kept senior men Alex Oxlade-Chamberlain, Olivier Giroud and summer signing Lucas Perez on the substitute’s bench in the new campaign.

The versatile forward has adapted to first-team football comfortably and can operate as both a left and right flank player, as well a filling a central attacking position.

Iwobi, who has won six senior Nigeria caps, has now played 28 times for the Arsenal first team, scoring two goals and providing six assists across 1,574 minutes of action.

The youngster is one of several emerging talents in north London vying for a starting place in Arsene Wenger’s side.

In other Arsenal transfer news, the club are on standby to make a move for a highly rated Germany international.