Arsenal's hopes of luring Real Madrid's Gonzalo Higuain to the Emirates are not quite dead yet, after the forward's agent insisted no deal has been struck with Juventus.

The Argentine international has been heavily linked with both the Gunners and the Serie A champions after Real confirmed that they would be offloading their forward this summer.

Gonzalo Higuain
No deal yet between Higuain and Juventus, according to agent. (Reuters)

Reports have suggested that Juventus have moved into pole position to sign Higuain with an offer of a four year deal on the table, but his representative has strongly denied a deal has already been struck.

"There is nothing done yet with Juventus," Nicolas Higuain, the forward's brother and agent told Marca. "The player's rights are still with Real Madrid and the first thing we need to do is meet with the club.

"The club in its current status will take a while before they make a decision."

Higuain is reportedly available for €22m after the club announced were prepared to let him move on, deciding to opt with Karim Benzema instead.

It has been heavily suggested that Arsene Wenger is looking to bring a top class forward to the club, and with a record of 105 goals in 188 La Liga appearances, the 25-year-old Argentina international could certainly provide that impetus.

Although the Gunners did eventually manage to pip Tottenham to a coveted fourth place finish in the league, the need for the club to invest this summer remains as evident as ever.

But Juventus themselves are looking to secure the services of a forward. Despite lifting a second consecutive Scudetto, the club are missing a top class forward capable of helping the club reclaim their revered status in Europe.

Mirko Vucinic and midfielder Arturo Vidal were the club's top scorers in Serie A this season with 10 goals each, and while the arrival of Fernando Llorente from Atheltic Bilbao is likely to go some way in addressing that problem, the Serie A giants remain keen on another established name.

Both Juventus and Arsenal are also tracking Fiorentina's Stevan Jovetic, but the Bianconeri would appear to be the strong favourites to sign the Montengro international, after his agent revealed the forward would favour a stay in Serie A.