Arsenal are ready to hand Gabriel Martinelli a bumper new contract.
The Daily Mail says Martinelli is in line to treble his wages by the end of the season as the club look to ward off interest from Real Madrid.
The 18-year-old striker has made a huge impact since his £6.3million July move from Brazilian club Ituano in the Sao Paulo regional league, scoring 10 goals in 21 games for the Gunners this season.
His form has sparked interest from Real Madrid, who are believed to value Martinelli at around £50m.
But talks are already under way to reward Martinelli with a pay rise from £10,000 a week to around £30,000 — despite his current deal not expiring until 2024.