The Gunners were linked with a move for the 20-year-old playmaker earlier in the summer following his impressive 2022/23 campaign. Simons enjoyed a superb debut season in the Netherlands after signing for PSV from PSG on a free transfer. He scored 22 goals and assisted a further 12 in 48 games, helping them qualify for the Champions League.
Unfortunately for Arsenal and PSV, PSG have an incredibly cheap buy-back clause in Simons. The French champions have the opportunity to swallow their pride and re-sign Simons for just €6million (£5million) this summer.
Mikel Arteta's men, however, face coughing up a club-record transfer fee for Simons - which stands at £38.5million. PSV have often been used as a conveyor belt of hot talent in recent years with Cody Gakpo and Noni Madueke joining Liverpool and Chelsea in the January transfer window.
PSG's cut-price deal for the wonderkid will expire at the end of July, leaving the French giants with little time to structure a move.
However, new PSV head coach Peter Bosz has provided an update on Simons' situation. "I spoke to Xavi Simons - it was a good, positive conversation," he said. "But at the end, he will decide by himself."
Right now, the outcome of Simons' situation remains unclear. It's reported that 'many clubs' are keen on the attacker, though the advantage is currently with PSG. According to transfer guru Fabrizio Romano, PSG 'want to trigger' their buy back clause for Simons.
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