Arsenal and Liverpool fans in the Football Transfer Tavern are given big news by The Express who have revealed that AC Milan have set a £11.5 million price tag for Stephan El Shaarawy.

Liverpool and Arsenal also fear that Manchester United may sneak in as the fee set by the Italians is pretty small considering the player is only 22-years-old.

It is believed El Shaarawy is going to be offloaded in Janaury to free up funds with the Rossoneri planning a squad makeover.

Punters are excited by the recent news as it is known that Liverpool, Arsenal and Manchester United can afford the fee and it would be brilliant to have an upcoming youngster developing further in the Premier League.

His agent, Manuel El Shaarawy, has previously said that the Serie A giants would only sell his player for a ‘sensational’ figure but it seems the club have changed their stance on the situation.

“I have not been contacted by any club,” the representative said.

“Stephan will not leave Milan in January unless there is a sensational offer, the type that no-one can be sure will arrive.

“He is at the centre of the Milan project, and the relationship with the Coach and the environment is excellent.”