Arsenal not given up on signing AS Monaco's Kylian Mbappe wanted by Real Madrid and Manchester United

Arsenal are ready to break the club-record transfer fee in order to sign AS Monaco star Kylian Mbappe in the summer transfer window.

The 18-year-old has been in fine form for the Ligue 1 outfit, scoring 22 goals in all competitions. According to the Daily Mail, his impressive display for Leonardo Jardim's side has seen him attract interest from top clubs across Europe.

Real Madrid are reportedly believed to be leading the race for his signature, despite strong interest from Manchester United. In addition to this, Juventus are in the race for the teenager's signature.

Monaco are looking for a fee of €100m (£85m, $110m) to sanction the sale of the striker. The north London club are willing to meet the French club's asking price and have not given up hopes of signing Mbappe.

However, there is uncertainty around Arsene Wenger's future. Besides, the Gunners are likely to miss out on the next season's Champions League. These have seen Arsenal end up behind the other European giants.

The Gunners boss' contract runs down at the end of the season. He has not made his decision public and lack of clarity surrounding his future has raised concerns over their potential summer signings, including Mbappe.

Arsenal are hoping that they can convince the French striker that he will play every week if he decides to make a switch to the Emirates. It is unlikely that Mbappe will get regular playing time at the Spanish capital club.

In addition to this, the Gunners are willing to play him as the central striker, something which will be difficult if he joins Real, United or Juventus. However, Arsenal's struggle this season and their failure to attract top talents could see Mbappe snub the approach from the Emirates club.

Wenger revealed his side came very close to signing the Monaco star for Arsenal last season. However, Mbappe snubbed advances from the London outfit and signed an extension with his current employers.

Mbappe will attract a lot of interest from the top clubs in the summer. It should be seen whether he will make the big jump after the end of the season or he will continue his development at Monaco next season.