Arsenal has been linked with a move for Philippe Coutinho this summer and the Brazilian is one of the players that Barcelona has told to find a new club.

The Catalans need to balance their financial books and they have to move some of their current players off their wage bill.

The midfielder has been a long-term target for the Gunners and this might be the best chance for them to sign him.

However, they will now have to see off competition from AC Milan to land him.

Todofichajes says the Italians have emerged as his possible next club in the last few hours.

This is because Barcelona wants to sign their defender, Alessio Romagnoli.

Because the Spaniards cannot pay up his transfer fee, they are proposing an exchange deal with their Italian counterpart.

The report says Barca no longer cares about receiving a transfer fee for Coutinho, but they simply have to get rid of him.

The midfielder hasn’t justified why they made him their most expensive signing in 2018 and he would probably also consider a change of environment.

The lure of playing Champions League football in Milan might help them beat Arsenal to his signature.

More must-reads:

TODAY'S BEST
20-year MLB veteran working out, unsure about playing future
USA Hockey names HC for 2025 4 Nations Face-Off and 2026 Olympics
Key Knicks forward ruled out for Game 7 vs. Pacers
Pacers' Pascal Siakam leads team to Game 6 win vs. Knicks
Watch: Matt Duchene's 2OT winner sends Stars to conference final
Scottie Scheffler shoots improbable 66 after warming up for PGA Championship in a jail cell
Report: Tua Tagovailoa away from Dolphins amid contract chatter
Nuggets star has worrying comment about latest injury
Paul Skenes makes incredible Wrigley Field history in second-career MLB start
Giants rookie CF to undergo season-ending labrum surgery
Yankees' Juan Soto reacts to Hal Steinbrenner contract talk
Late goal sends Panthers to Eastern Conference Finals
Ex-teammate of Shohei Ohtani placed bets with same illegal bookmaker as interpreter 
Former Rams first-round pick retires from NFL after 11 seasons
Insider provides major injury update on Celtics' Kristaps Porzingis
Watch: Bruins strike first in Game 6 with incredible backhand goal
Dodgers make series of moves involving notable players
Hurricanes not expected to re-sign defenseman, center
Maple Leafs tab former Stanley Cup winner as new head coach
NFL insider expands on competition between Steelers QBs Russell Wilson, Justin Fields