Arsenal target Hakan Calhanoglu could be available for as little as £13.3m despite having £32.5m release clause

Arsenal target Hakan Calhanoglu could be available for as little as £13.3 million [€15m] according to reports in Italy.

Corriere Dello Sport report that the Bayer Leverkusen star wants a summer exit.

Per the source, Lazio are also interested in the Calhanoglu.

The 23-year-old is well known to Lazio fans having scored a hat-trick against Lazio in the Champions League playoff round in 2015.

Calhanoglu does have a £32.5 million release clause.

See More: Three reasons Arsenal should sign Hakan Calhanoglu

Bayer will not have European competition football next season after finishing the league in 12th place.

Previous reports linking Arsenal with Calhanoglu reported Bayer as wanting £17.6 million for the attacking midfielder.

Calhanoglu has been out for past few months serving a playing ban until the end of the season after FIFA ruled he broke an agreement to join Trabzonspor from Karlsruhe in 2011.

The Bayer ace was ranked the sixth best performing player – statistically – in the Bundesliga according to Whoscored until the ban.

Calhanoglu has 28 goals and 29 assists in 115 appearances for Bayer in all competitions since joining from HSV in 2014.

The attacking midfielder was born in Germany but is of Turkish origin, just like Arsenal star Mesut Ozil.

Unlike Ozil, Calhanoglu represents Turkey at international level.