A host of clubs have been credited with an interest in the in-form 21-year-old, who has scored 20 goals in 24 appearances across all competitions this season.
Arsenal are thought to be at the front of that queue, although Vlahovic reportedly has reservations over joining the Gunners due to their lack of European football.
However, The Mirror claims that Arsenal are refusing to give up on their pursuit of the Serbia international and have made a fresh big-money bid for his services.
Arsenal are pushing to wrap up a deal for Vlahovic this month, but could be forced to wait until the summer should Fiorentina stand firm on their asking price. body check tags ::