North London rivals Arsenal and Tottenham are both willing to pay £26 million to sign Porto striker Radamel Falcao, according to the player's agent.
Falcao scored a record-breaking 17 goals to help Porto win the Europa League this season - surpassing Jurgen Klinsmann's 15-year-old record of 15 goals in a single campaign - and has attracted the attention of some of Europe's biggest clubs.
The Colombian also netted 16 times in Porto's victorious league campaign and the Portuguese champions are in contract negotiations with the 25-year-old after admitting that the €30 million (£26 million) release clause in his current deal is too low.
And according to Claudio Mossi, an agent from the Sivori & Asociados group that represents Falcao, both Arsenal and Tottenham are willing to pay the buyout amount.
"England are crazy about Falcao," Mossi said. "Among the leading candidates are Arsenal and Tottenham. They are willing to hit the €30 million clause. The figure is not an extraordinary value for them."
Falcao spoke of his intention to stay at the Estadio do Dragao after scoring the winner in last week's Europa League final win over Braga. The former River Plate man said he wanted to remain with the Portuguese champions to play Champions League football under young manager Andre Villas-Boas, and Mossi added that staying with Porto is an option.
"He is very happy at Porto," Mossi said. "There he can play the Champions next year. The problem is that every day he is linked with other clubs. It is important that he is left alone for a time with his family now to decide."