Borussia Monchengladbach sporting director Max Eberl has conceded that it will be difficult for his side to sign transfer target Olivier Giroud, in the face of competition from the likes of Arsenal.

Giroud, 25, has been linked with a £12 million move to Emirates Stadium this summer, but Gladbach have not given up hope of securing the Montpellier striker's signature.

Eberl, though, has said that the club will not look to compete beyond their self imposed financial limits.
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