Arsenal have reportedly received a major boost in their pursuit of Brazilian winger Vinicius Junior after fresh reports suggested the Real Madrid star has turned down the club’s latest contract proposal.

The 26-year-old is believed to be locked in discussions with the Spanish giants over a possible contract extension, but negotiations have yet to produce an agreement.

While Vinicius is said to be keen on remaining at the Santiago Bernabéu, differences over the terms of a new deal have cast uncertainty over his long-term future.

If the two parties fail to reach an agreement, Real Madrid could consider selling the Brazilian before the transfer window closes rather than risk losing one of their most valuable players for free when his contract expires.

The situation has reportedly caught the attention of Arsenal, who are closely monitoring developments. The Premier League club is said to be willing to make an extraordinary financial commitment to bring Vinicius to North London, with reports suggesting he would become the highest-paid player in the club’s history if a deal is completed.

However, the transfer is far from straightforward. Real Madrid are understood to value the winger at around €170 million, a figure that would make him one of the most expensive footballers ever transferred.

Arsenal, meanwhile, are reportedly hoping to negotiate a lower fee closer to €150 million.

The coming days are expected to be crucial as discussions continue between Vinicius and Real Madrid. A breakthrough could see the Brazilian commit his future to the La Liga giants, while a continued deadlock may encourage interested clubs to step up their efforts.

Former Real Madrid striker and sporting director Predrag Mijatovic has claimed the latest contract offer from the Spanish club was rejected, adding further speculation to the ongoing transfer saga.

Vinicius has been one of Real Madrid’s standout performers in recent years, playing a key role in the club’s domestic and European successes.

His pace, creativity and eye for goal have made him one of the world’s most sought-after attacking players, ensuring his future will remain one of the biggest stories of the summer transfer window.