Gunners can pick up Dutch international on the cheap.
The 22-year-old is a regular at the Amsterdam ArenA and is said to also be a target for Borussia Dortmund, Juventus and Man United.
Arsene Wenger may well find it too tempting to ignore the possibility of bringing in the cultured playmaker for such a bargain sum, though clearly the north London side do possess a few players of a similar ilk.
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Davy Klaassen has represented Ajax since the age of 11 and has scored 21 goals in 91 appearances for the Dutch giants, helping the club to three Eredivisie titles.
Arsenal’s only major summer signing has come in the form of Chelsea keeper Petr Cech and further additions are likely.