Arsenal have joined the race to sign Aston Villa captain Jack Grealish by expressing a serious interest, though are unwilling to meet the £80million valuation of the Midlands club.

Grealish played a starring role in keeping his boyhood team in the Premier Leagueon the final day of the season, though is heavily tipped to embrace a new challenge this summer.

Mikel Arteta's side have now registered their interest with Villa, as report Sky Sports, but would be looking for the price to reduce significantly.

It is reported that a number of clubs are willing to pay between £50m and £60m for the attacking midfielder, though Villa'a stance has tightened now they have remained in the English top flight.

The club will hold out for around £20m more, wanting an £80m injection into their bank account after avoiding the financial hit of dropping down into the Championship.