Tensions over a new contract at PSG have put the superstar winger on the radar of Mikel Arteta’s side.
Arsenal could be poised for a sensational swoop for Ballon d’Or winner Ousmane Dembélé, following a public warning from Paris Saint-Germain’s president over the player’s contract demands.

The France international, 28, is in talks to extend his stay with the French champions, but negotiations have stalled. The situation escalated after PSG’s surprise Champions League loss to Sporting CP, when club president Nasser Al-Khelaifi issued a blunt message.
“The club’s policy is that there’s a salary cap for players, everyone knows it and everyone must respect it,” Al-Khelaifi told Canal+. “The club is more important than anyone else.”
This public stance is seen as a direct signal to Dembélé, who is already the highest-paid player at the Parc des Princes. Reports from France suggest a growing sense of “unease” around the negotiations, with PSG unwilling to be held to ransom despite the winger’s phenomenal form since his €50 million move from Barcelona in 2023.
Arsenal manager Mikel Arteta is actively seeking to bolster his attack with a versatile forward, and Dembélé’s profile fits perfectly. Analysis from SciSports, a leading football analytics platform, suggests a move to the Emirates Stadium would be the optimal career step for the player, giving Arsenal a strong “Club Fit” score of 83.
While a January transfer is considered unlikely, the growing tension places Arsenal on alert for a potential summer move. Any deal would be complex and expensive—Dembélé’s Estimated Transfer Value is nearly €97 million, and his contract runs until 2028, leaving PSG in a powerful negotiating position.
For now, Arsenal will be watching closely, hoping a dream signing might emerge from a contract dispute in Paris.
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