Mario Gotze
Gotze has long been a target for Arsenal. REUTERS

English Premier League club Arsenal have reportedly been told by German Bundesliga club Borussia Dortmund that they will have to pay as much as £30 million, if they are serious about transferring highly talented playmaker, Mario Gotze.

The Gunners know they have a big chance to bring the 19-year-old to the Emirates, after Dortmund crashed out of this season's Champions League on Wednesday night. The club supporters at once started to fear the worst that could happen if Gotze left.

Arsenal boss Arsene Wenger has previously stated he will be active in the market for a fantastic player and is known to be highly impressed by the attacking midfielder. It is still uncertain if the north London club will agree to such an outrageous fee.

Dortmund, who are understandably reluctant to part with one of their most prized players, may have quoted the arbitrarily high figure in an attempt to price most interested clubs out of any deal for their player, at least until his contract runs out in 2014.

Gotze was furious about his team's premature exit from this season's Champions League and feels that both the team and he owe their fans an apology, according to a TalkSport report.