The Gunners captain has been in inspirational form for the club this year, but his exceptional displays and injury-free season have only served to attract some of Europe’s richest clubs.
Van Persie will not discuss a new contract with Arsenal until the summer, meaning he has just one year left on his current deal.
Real’s offer would include wages of around £200,000 a week, while the Express suggest Arsenal will offer £125,000 a week as well as a £5m loyalty bonus.
That financial incentive, combined with a big-money transfer fee from Spain, could force Arsenal’s hand.
Real’s increased interest comes after they appear to have lost out to Barcelona in the race for
They are also keen on Manchester City’s
Aguero is quoted by The Sun this morning denying any link with such a deal.
"None of the stories about Real Madrid have come from me and the City fans can rest assured I am happy here,” Aguero said.
"First and foremost, the major aim is to win the league title this season. Then I want to stay here for a long time after that.
Elsewhere on the back pages
Despite the cautiously optimistic news that Wilshere could return for the Gunners this season, with the showdown against Chelsea on April 21 a possible date for his comeback, Wenger is worried that England will try to rush him back into action for Euro 2012, and is braced to step in to make sure no risks are taken with the 20-year-old.
"If Jack has played some games before the end of the season then it's a possibility he could go to the Euros,” Wenger said.
"If he has not played at all, then I don't think it's realistic. I will only intervene if I believe he is at risk medically."
Terry was filmed issuing team instructions from behind his manager during the Champions League victory over Napoli, but says he’s completely behind the boss, who he refers to as ‘Robbie’.
“I am Chelsea through and through, whether I am on the pitch or off it,” Terry said. “Had I still been on the pitch, I would have been saying the same things that I was from the bench.”
In transfer title-tattle the Daily Mirror pick up on Aston Villa’s interest in Netherlands U-21 star
But Dost may have to choose between England’s second city and the coast of Spain, with
The Mirror claims there is interest in Soldado from Chelsea and, bringing us neatly back to where we started, Arsenal - if they lose Van Persie.