According to a report from Gazzetta Dello Sport, Arsenal long-term target Mauro Icardi could be on his way out from San Siro after Italian giants Napoli have made a £60m offer for Argentine forward.

The news comes as a huge blow for the Gunners as Arsene Wenger has been in hunt for Inter Milan forward last two summer transfer window.

New Chelsea manager Antonio Conte has apparently entered the race to bring him to London too.

The Italian boss has been heavily linked with Everton striker Romelu Lukaku this summer, but Everton’s insistence that he will not leave for less than £75m has left him frustrated.

And Icardi has emerged as a plausible alternative, with Conte having experienced the Argentine hitman first-hand during his time in charge of Juventus.

The rumours have been increased after the striker has stalled over signing a new contract with Inter Milan and Napoli are hoping they can lure him away before the end of the current transfer window.

Arsenal have reportedly been a huge admirer of the 23-year-old who has been previously linked with Chelsea move.

But, according to Gazzetta Dello Sport, it is Inter’s Serie A rivals Napoli who are ready to splash the cash with the last £60m bid.

The Italian club are desperate to find a quality replacement for South American Forward Gonzalo Higuain, who has joined their rival Juventus for club record £75.3million fee.

After bagging 43 goals in the past two season, Icardi is the man Napoli want and they are confident an offer of £60m can get the deal done.

Arsenal are still in the hunt for an established forward. The north Londoners launched a bid for Leicester sensation Jamie Vardy before Euro 2016. But the England international opted to pen a new deal at the King Power stadium. Mahrez deal also collapsed recently.

The 23-year-old Argentine forward was instrumental for Serie A giants Inter Milan last season.

And Arsenal boss Arsene Wenger rightly made him the Gunners priority target in the summer transfer window as he continues to search for an upgrade for the inconsistent Olivier Giroud.