Arsenal prepared for Crystal Palace offer on struggling squad star

Crystal Palace are reportedly considering a transfer offer for Arsenal star Emile Smith Rowe.

The Eagles are looking to utilise the funds raised by Michel Olise's £50.8 million ($64 million) move to Bayern Munic h earlier this month.

Chadi Riad has already arrived from La Liga side Real Betis but Palace boss Oliver Glasner is looking for more reinforcements, with Smith Rowe a possible target.

As per the latest update from transfer expert Fabrizio Romano , Arsenal have already rejected an offer for the England international from Fulham, as Palace assess their next move.

Emile Smith-Rowe Arsenal contract, transfer status

Smith-Rowe has seen his Arsenal career suffer an injury disrupted downturn in the last 12 months, and the 23-year-old made just three Premier League starts last season.

He remains highly rated by Mikel Arteta, but his development has stalled in comparison to fellow academy graduate Bukayo Saka, and a move away could revive his career.

With his current contract at the Emirates Stadium running until 2026, Arsenal could demand in the region of £20 million ($25m), as Glasner looks to add another creative influence to his attack.

Arsenal kickoff their preseason against Premier League rivals Bournemouth on July 24 before heading off on a summer tour of the USA.