Arsenal are set to offer Gabriel Martinelli an improved deal, following Real Madrid interest in the teenager, Daily Mail reports.

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The 18-year-old striker has made a huge impact since his £6.3million move from Ituano last summer.

Martinelli has scored 10 goals in 21 games for the Gunners this season.

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His form has sparked interest from Real Madrid, who are believed to value Martinelli at around £50m.

However, the Premier League club will reward the Brazilian with a pay rise from £10,000 a week to around £30,000, despite his current deal running through 2024.

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Martinelli was rejected by Barcelona and Manchester United before signing for Arsenal.

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