Premier League team Arsenal have been handed an ultimatum to fulfil the release clause obligations in the contract of Atletico Madrid midfielder Thomas Partey or risk losing out on him.

Renowned Italian journalist Fabrizio Romano revealed via his official Twitter account that the Gunners will have to pay the €50m (£45m) release clause in Partey’s contract at the club before adding that Arsenal have less than two weeks to pull off the signing.

The transfer guru also pointed out that Atletico Madrid no longer have pressing financial needs after they sanctioned the transfer of Spanish striker Alvaro Morata to Juventus in a £49.5m.

Morata has returned to Juventus on a loan deal for this season at £8.2m with the option to make his transfer permanent for £41.3m at the end of the loan contract next summer.

Arsenal have been trying to sign Thomas Partey since the current transfer window opened in July.

Atletico Madrid are interested in Arsenal player Lucas Torreira and the Gunners proposed a player-plus-cash offer involving the Uruguayan and Thomas Partey but it was swiftly turned down by the La Liga team.

The Gunners must pay the release clause of the 27-year-old Ghanaian international in full to sign him.

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