Real Madrid have reportedly set Arsenal a deadline of June 15 to make a decision on the future of Pierre-Emerick Aubameyang.
The Gabon international's contract at the Emirates Stadium is due to expire at the end of next season, and it has been suggested that the attacker will look to move on during this summer's transfer window.
A whole host of clubs, including Madrid, have been credited with an interest in the 30-year-old, who has scored 20 times in 32 appearances during the 2019-20 campaign.
According to The Mirror, Los Blancos want Arsenal to decide by June 15 whether they will sanction the forward's exit ahead of the 2020-21 season.
Manchester United, Chelsea and Barcelona are also believed to be monitoring developments as Aubameyang heads for the final 12 months of his contract with Mikel Arteta's side.
The former Borussia Dortmund forward has scored 61 times in 97 appearances for the Gunners.