Arsenal and Tottenham Hotspur are on red alert after Fiorentina slash their asking price for Nikola Milenkovic, according to a report.

Arsenal and Tottenham Hotspur have reportedly joined Manchester United in the race for Fiorentina centre-back Nikola Milenkovic.

The Serbia international has enjoyed a standout season with the Serie A outfit during the 2020-21 campaign, starting 34 top-flight games and scoring three goals along the way.

Milenkovic's performances have understandably attracted the attention of top European clubs, with Man United and Chelsea both credited with an interest in recent months.

Now, La Gazzetta dello Sport claims that Arsenal and Spurs are also monitoring the centre-back's situation, as Fiorentina have slashed their asking price for the 23-year-old.

The report claims that La Viola originally wanted €40m (£34.4m) for Milenkovic this time last year, but the need to raise funds amid the coronavirus pandemic means that they are now willing to accept a figure closer to €25m (£21.5m).

Inter Milan and Juventus are also thought to be weighing up an approach for the former Partizan Belgrade defender, who is out of contract next summer.

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