Arsenal leading arch rivals Spurs in blockbuster chase for £20m star (not Vardy)

Arsenal are leading the chase to land Borussia Dortmund midfielder Henrikh Mkhitaryan this summer, according to the Sun.

The Armenian playmaker has just a year to run on his deal with the Bundesliga giants and recently admitted he was assessing his options going forward.

After scoring 21 goals and recording a further 20 assists across all competitions this season, the 27-year old has emerged as one of the hottest properties on the market this summer.

Chelsea and Tottenham are understood to be interested in him, though the report claims it is the Gunners who are stealing a march on their capital counterparts.

Having already signed Granit Xhaka for big money, the North London giants are strongly believed to be closing in on a stunning swoop for Jamie Vardy.

Now, Mkhitaryan is reportedly the latest name they have switched their attentions to as manager Arsene Wenger plots a major overhaul.

While he may be a major arrival, the likes of Theo Walcott and Alex Oxlade-Chamberlain have been linked with moves away in a complete revamp.