(Image: (Photo by Jonathan Moscrop/Getty Images))
According to the Independent, while Arsenal are ready to pay the £75m asking price, Fiorentina are insisting it must be in one lump sum this month.
That could prove difficult for Arsenal, given they splashed out more than any other Premier League club in the summer with their £160m spending spree.
The Italian club are prepared to stand firm, even though Vlahovic has a release clause which become active this summer.
That is part of the reason why his camp are not pushing for the exit door now, as they have faith more of Europe's elite will be queuing up at the door come the end of the season.
Vlahovic is thought to prefer the option of staying in Italy, with the forward said to be keen on a switch to Juventus or Inter Milan.
Arteta remains confident the lure of Arsenal and the Premier League still holds plenty of appeal for potential new signings.
Speaking in a press conference on Wednesday, he said: "Any time I have spoken to any player, they were so willing to come.
"I haven’t faced any other situation and that’s one of our biggest powers, our capacity to get the attention of people to come and join our club; it’s something that is a big advantage for us.”
But the Arsenal boss will silently be aware that failure to land Champions League football next term could put them out of contention for Vlahovic's signature.
That might explain his eagerness to get a deal over the line this month, coupled with the obvious striker issues growing at the Emirates.
Vlahovic is prepared to wait until the summer to see what other options are on the table
(Image: NurPhoto/PA Images)
Aubameyang is still frozen out, Eddie Nketiah could well be sold in January, while Alexandre Lacazette's contract will expire in June and Folarin Balogun has been sent on loan to Middlesbrough.
Only Gabriel Martinelli looks likely to play a big part this season and still be around for the 2022/23 campaign.
Bringing in Vlahovic would be the marquee frontman Arsenal are searching for, but he seems content to bide his time and see what else comes to the table.
The Independent's report adds that all the expected clambering to sign Borussia Dortmund's Erling Haaland this summer could be of advantage to Vlahovic, as he could be next on the shortlist of those clubs who fail to land their No.1 choice.