Arsenal have reportedly been closely following the rapid development of Greek wonderkid Konstantinos Karetsas. The 17-year-old attacking midfielder is considered one of the most exciting teenage talents in Europe. However, he cannot move to the Emirates Stadium until he turns 18 in November. Arsenal might have to loan him out initially, which is not ideal for immediate team needs.

Arsenal are reportedly close to signing Konstantinos Karetsas, a highly-rated Genk midfielder. Arsenal's offer could rise to 45 million euros including bonuses, and they are willing to let Karetsas stay at Genk for another year to gain more experience. This deal would break the Belgian transfer record.

Konstantinos Karetsas, a promising 17-year-old midfielder from Genk, is drawing attention from several major European clubs. Arsenal is among the clubs reportedly interested in signing him. Genk has established a release clause of 40 million euros for Karetsas. In addition to Arsenal, Chelsea, Bayern, and Real Madrid have also expressed interest in the young talent. Meeting the 40 million euro release clause would set a new record for the most expensive transfer in Belgian football history, exceeding the previous record set by Charles De Ketelaere's move to Milan for 37.5 million euros. Karetsas, who has already played 30 matches this season, scoring twice and providing four assists, recently chose to represent Greece at the international level, enhancing his reputation in the football community.