Arsenal are set to launch a £32m move for talismanic Inter Milan striker Mauro Icardi after Jamie Vardy signed a new four-year deal with Leicester City.

TalkSPORT have reported that the Gunners are set to renew their interest in the 23-year-old having had a £23m offer turned down last summer.

A new striker is seen as Arsene Wenger’s priority this summer, with Frenchman Olivier Giroud carrying the burden as the only recognised striker. English duo Danny Welbeck and Theo Walcott have endured difficult campaigns having struggled with injuries.

Arsenal ended the 2015-16 Premier League season in second place, however, scored the fewest goals of any team in the top four of the division. With 29-year-old Giroud scoring just short of a quarter of the club’s total league goals, Wenger is under pressure from the clubs fans to bolster his attacking options.

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Premier League champion Jamie Vardy appeared set for a switch to the Emirates after the North London side triggered his release clause. But the Foxes striker opted in favour of remaining at the King Power Stadium, signing a new-and-improved four-year deal with the club.

Following Vardy’s snub, talkSPORT report that Argentinean Icardi has emerged as Wenger’s key transfer target.

The powerful centre-forward appeared 33 times for the Nerazzurri netting 16 times in the process marking an impressive campaign as Inter fell just short of a UEFA Champions League place.

Since moving to the San Siro in 2013 from Sampdoria, Icardi has scored a total of 47 goals in 88 appearances, averaging a goal more than every two games.

His ability to score regularly would certainly ease the pressure on both Giroud and manager Wenger as the Gunners go in search of their first Premier League trophy in twelve years.