AS Monaco are willing to get closer to Arsenal's valuation for Folarin Balogun.
ASM had an offer of 35m rejected by Arsenal last week.
The Daily Mail says ASM will return with a new bid potentially today.
Arsenal want 50m to sell the USA striker with talks having continued over the past week.
Arsenal's sporting director Edu Gaspar and his Monaco counterpart Thiago Scuro have maintained contact seeking a compromise over Balogun's fee.