Arsenal are desperately chasing a wide forward this summer after Unai Emery made a special demand.
The Gunners are operating on a depleted transfer budget, however, after failing to make the Champions League for the second year in a row.
There are reports that their warchest could be as low as £45m – meaning that transfer negotiations have been tough.
Arsenal have targeted a number of players such as Wilfried Zaha and Ryan Fraser but have been priced out of moves.
And Gremio star Everton is the latest to be lined up – but they face competition from Atletico Madrid.
That is what Sky Sports reporter Dharmesh Sheth has stated, while also revealing that an offer has already been sent.
“We’re told that Arsenal are interested in the Gremio forward Everton Soares,” Sheth said on the Transfer Talk podcast.
“Now, the player himself claims he’s got an offer on the plate but he won’t say from which club.
“Now, it should be said that I think Everton is seen as a more financially viable option than the Crystal Palace forward Wilfried Zaha.
“Or if you’re looking at this cynically, maybe is it a way of Arsenal sending a message to Crystal Palace?
“‘Look, we might be moving on so you might not get this money that we potentially could offer you’.
“[Everton] came into the Copa America after Neymar was injured, did really well, was named man of the match in the final against Peru.
“It seems Arsenal have got a bit of competition as well and it comes in the form of Atletico Madrid, who can offer Champions League football as well.
“It’s been reported that Atletico are prepared to pay £30.5m for Everton.
“Arsenal interested but as it stands that’s as far as it’s going as we are aware.
“There are reports in South America even that a deal has been agreed there – we haven’t heard that just yet.”