Arsenal have identified Paris Saint-Germain winger Khvicha Kvaratskhelia as a primary summer target as they look to utilise a £122m prize money windfall to bolster their attacking options. According to reports from Sky Sports and sources in Korea, the 25-year-old Georgian is at the top of a shortlist that also includes Newcastle’s Anthony Gordon, with Mikel Arteta seeking a high-profile addition to the left flank following Arsenal's run to the Champions League final in Budapest. While Kvaratskhelia only joined the French champions in January 2025 for an initial €70m, the Gunners are reportedly ready to test PSG's resolve despite the player's contract running until June 2029.
Arsenal’s financial position and squad management
The pursuit of Kvaratskhelia is backed by record earnings, with Sky Sports reporting that Arsenal have secured approximately £122m in UEFA prize money this term. However, the club remains mindful of Profit and Sustainability Rules (PSR) following a significant £257m net spend in 2025 on players such as Viktor Gyökeres and Martin Zubimendi. To facilitate a move for a player of Kvaratskhelia's valuation, which some outlets suggest would require a substantial profit on PSG’s original investment, Arsenal are considering significant squad adjustments. Reports from Now Arsenal indicate the club may seek to fund the move by entertaining offers for existing wide options, specifically Gabriel Martinelli and Leandro Trossard, to ensure long-term financial stability.
PSG resistance and the player's stance
Securing Kvaratskhelia's signature remains a complex task given his importance to Luis Enrique’s tactical setup. According to reports in Chosun, the PSG hierarchy currently views the winger as “non-saleable” and a cornerstone of their long-term project. This stance is bolstered by the player's own perspective; Fabrizio Romano reports that Kvaratskhelia has taken an official position of wanting to continue his career in Paris after successfully contributing to their domestic title win and European progress this season. While Arsenal have the capital to negotiate, they must overcome both PSG's firm refusal to sell and the player's stated preference for remaining at the Parc des Princes just 18 months into his five-year deal.
Arsenal and PSG are scheduled to meet in the Champions League final on 30 May, a fixture likely to serve as a direct audition for the Georgian winger before the summer window opens.