By Alan Hutton

7th Jun, 2022 | 1:47pm

Arsenal could break the bank to sign Gabriel Jesus as terms agreed - pundit

Alan Hutton has suggested Arsenal could break the bank to complete the signing of Gabriel Jesus from Manchester City.

The former Scotland international, speaking exclusively to Football Insider, insisted the Gunners cannot be too far away from striking a deal after a breakthrough in talks with the 25-year-old.

An Arsenal source told Football Insider on Sunday (5 June) that Jesus has agreed terms of a lucrative, long-term contract as the two clubs negotiate a transfer fee.

Football Insider revealed back in March that the Gunners have set aside “huge” funds for a new striker.

It is understood Mikel Arteta’s budget exceeds £45million.

However, Hutton suggested rival interest could see Arsenal blow their budget on the Brazilian.

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Asked if he thought the Gunners may spend more than £45million, Hutton told Football Insider’s Russell Edge: “Yeah. They might have to depend on who else is interested.

“If they’ve already discussed personal terms and they’ve got that far down the line, you’re thinking wherever they are fee-wise, it’s close to being accepted. There can’t be much in it.

“If you’re Jesus, you’re looking at the Arsenal team and saying: ‘Right, well they’re desperate for a striker. I want to play games, this is my opportunity, they’re a big club.’

“They’re on the right track to play and get into Champions League. I think it’d be a decent move, there’s obviously always that draw of moving to London. Players do like that so it ticks all the boxes for him.

“If they’re that far down the line with contract talks, you wouldn’t think fee would be an issue unless somebody else throws their hat into the ring.”

In other news, Kieran Maguire reveals Arsenal in financial mess amid “£213m” reveal.