Talks over a new Real deal for Vinicius are expected to ramp up in the coming days.

It is claimed the forward is still very receptive to renewing at the Bernabeu but “wants to feel loved”. Recent reports have stated that new manager Jose Mourinho wants to keep all his big names at the club.

But there is serious jeopardy for Real if they keep Vinicius without renegotiating his contract. The scenario of the Brazilian leaving for nothing in 2027 would represent a financial catastrophe, even for a club as cash rich as them.

With that in mind, resolving the situation one way or another is understandably viewed as a priority for Real before the transfer deadline.

As it stands Vinicius can start speaking to rival clubs about a free transfer move away from Real at the turn of the year. Leaving on a free will be far more lucrative in terms of wages to the attacker than leaving this summer, when the buying club has to find a transfer fee.

Additionally, how much would Real demand for Vinicius?

Their move for Eden Hazard seven years ago may provide us with clues. The club signed the Belgian in 2019 in a deal worth up to £130m. He was 28 at the time and in the final year of his contract at Chelsea.

Vinicius is two years younger and has a commercial value that exceeds Hazard’s – and that is not to mention the seven-year cost of inflation.

It is clear that Arsenal would almost certainly need to obliterate the British transfer record of £125m, from Alexander Isak’s move from Newcastle to Liverpool last summer.

Then there are Vinicius’ wages to factor in. Reports suggest he earns in the region of £450,000 a week at Real Madrid, although sources indicate it is considerably more.

At Arsenal, that would immediately make him the club’s top earner by some distance, with Bukayo Saka currently earning up to £400,000-a-week.

But, with Vinicius a year away from his Real contract expiring, it is not simply a case of merely matching – or even slightly improving – his money if he was to leave this summer.