Arsenal have decided to cut their losses and sell Nicolas Pepe this summer, according to Calciomercato.com.
The Italian website report that the Gunners have told potential suitors that the Ivorian international will be available for around €30m (£25m) at the end of the season.
Pepe was signed for a club-record €79m (£72m) back in 2019, but he has failed to live up to expectations, with his club prepared to take a massive hit by selling him for £47m less than what they paid.
The 26-year-old has not started a Premier League game since October, and his last start in any competition came in the Carabao Cup against Sunderland in December when he got on the scoresheet and provided two assists.
During the last international break, Pepe stated that he would assess his future at Arsenal in the summer:
“I am focused on how well we do until the end of the season and the club’s target, which is getting into the Champions League. Then we will see what happens.”
The winger also confirmed that he had held talks with the manager about why he hadn’t been starting more games:
“Mikel Arteta has explained that to me and the coach knows what I think and how hard I’m working. It is also about communication. Sometimes it’s not easy to communicate with the language barrier. It has been a tough season for me. Of course, it is frustrating not to play. No player enjoys not playing but I have to respect the coach’s decision and the team is doing well at the moment.”