Arsenal are reportedly prepared to negotiate fresh terms with David Luiz ahead of the next campaign.

With the Brazilian receiving a big-money contract at the Emirates Stadium, it has been suggested that the Gunners will opt against triggering a 12-month extension to his deal.

A return to former club Benfica has emerged as a possibility after Luiz revealed that he would like to spend a second spell with the Portuguese giants.

However, The Telegraph claims that Arsenal will give the 33-year-old the chance to continue his career in the Premier League, providing that he takes a pay cut.

Rather than hand the centre-back wages in the region of £120,000 per week, club officials allegedly prefer to hand Luiz a contract based on a number of clauses being triggered during 2020-21.

The former Chelsea man has made 32 starts during his first season with the North Londoners.