To make a decision on the future of Pierre-Emerick Aubameyang, June 15 is set as the Arsenal deadline by Real Madrid.
During this summer transfer window, it has been speculated that the Gabon international will be looking to step on as his contract at the Emirates Stadium is set to expire at the end of next season.
The 30-year-old scored 20 times in 32 appearances during the 2019-20 campaign, including Madrid entire hosts of clubs are interested in the attacker.
By June 15 Los Blancos want Arsenal to decide whether to sanction the departure of the forwards by the 2020-21 season, according to The Mirror.
Manchester United, Chelsea, and Barcelona are also expected to monitor developments as Aubameyang heads for the final 12 months of his contract with Mikel Arteta.
Ex Borussia Dortmund forward netted 61 times in 97 appearances for the Gunners.