Arsenal is ready to compete with Manchester City for Ajax star Matthijs De Ligt

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Matthijs de Ligt is a target for Arsenal (Photo: Getty)

Arsenal is set to rival Manchester City for the signing of Ajax Matthijs De Ligt's star – on condition that the Gunners can qualify for the Champions League next season.

Finances are tight in the UAE and Unai Emery has been informed that it will have a budget of around £ 40 million – plus any additional funds raised by player departures – if the club finishes out of the top four or fails to win Europe League.

However, his budget will be about 100 million pounds if he reinstates the club in the Champions League and Emery identified De Ligt as an answer to Arsenal's defensive problems, according to the Sun.

The Dutchman was heavily tied to a move to Barcelona, ​​which recently signed team-mate Frenkie De Jong, but Manchester City emerged as a favorite for the defender while looking for a long-term replacement for Vincent Kompany .

De Ligt has a value of about 70 million pounds (image: Getty)

However, he will probably find it easier to find play time in the Emirates and is said to be a "great admirer" of the Gunners.

De Ligt has worked with Dennis Bergkamp and Marc Overmars in the past, which gave him brilliant references to Arsenal life.

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The 19 year old started his career at Ajax and is already the captain of the Dutch giants.

The central defender became the first defender to win the Golden Boy award in 2018.

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