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Arsenal will be able to sign Jonny Evans for just £3million if they wait until the summer, according to reports.
The Gunners have been chasing the former Manchester United defender for six months but know they face competition for his signature from Manchester City and Leicester.
West Brom are demanding a transfer fee of £23m to prize him away from the Hawthorns.
However, according to the Daily Star, Evans has a £3m relegation release clause in his current contract.
And West Brom boss Alan Pardew is considering selling the centre-back this month to avoid losing out on £20m.