Arsenal have reportedly yet to offer Pierre-Emerick Aubameyang a new contract, despite his current deal expiring in a year's time.
The Gabon international, a £56m signing from Borussia Dortmund in January 2018, is set to become a free agent at the end of next season.
Barcelona and Real Madrid are rumoured to be weighing up a cut-price move for Aubameyang, while Paris Saint-Germain are also supposedly interested.
It was claimed on Monday that Arsenal have finally started discussing an extension with their skipper, but ESPN reports that no such contract offer has yet been made and the two parties are at an impasse of sorts.
Aubameyang wants to win major trophies - something that Arsenal have been unable to offer him - while the Gunners cannot afford to increase his wages due to the financial impact caused by the coronavirus pandemic.
Former AC Milan and Saint-Etienne man Aubameyang has scored 61 goals in just 97 games for Arsenal.
