Arsenal transfers: Geoffrey Kondogbia will cost £25m, says AC Milan chief

AC Milan chief Adriano Galliani expects fierce competition for the signing of Monaco midfielder Geoffrey Kondogbia

AC Milan chief executive Adriano Galliani has claimed that Monaco midfielder Geoffrey Kondogbia will cost at least £25m.

Arsenal and Tottenham Hotspur have been heavily linked with a move for the France international in recent months.

We’re starting from at €35m (£25m) but one can imagine having to go more than €40m

Adriano Galliani

Kondogbia was one of the standout performers as Ligue 1 side Monaco knocked Arsenal out of the Champions League at the second-round stage last season.

According to Milan CEO Galliani, Juventus, Milan and Inter Milan are preparing to battle it out for the defensive midfielder’s signature in the coming weeks.

“Whoever wins [will haemorrhage money]. Without wanting to withdraw from the race, the competition has exploded, increasing the price tag and the player’s wages,” Galliani told La Gazzetta dello Sport.

“We’re starting from at €35m but one can imagine having to go more than €40m and Kondgobia himself is now asking for maybe €1m to be convinced.

“I am neither pessimistic nor optimistic. In 30 years of work I’ve seen too many transfers. Certainly, this is a derby, but it’s like a TIM Trophy because Juve is also involved!”

Kondogbia scored one goal and made one assist in 23 Ligue 1 appearances for Monaco last season.

The 22-year-old has emerged as one of the most promising midfielders in European football over the past 12 months.

More: Groves tells Arsenal to sign Kondogbia

Kondogbia has three years remaining on his current deal after he signed a five-year contract upon his move to Monaco from La Liga outfit Sevilla in 2013.

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