Real Madrid have sent Vinicius Junior a new contract to keep him at the club.
According to ESPN Brasil, the fresh terms will see Vinicius Jr earn around €22million a year.
However, the 26-year-old is demanding more and wants close to €30million per year.
Vinicius Jr believes this is his last big contract, and expects Madrid to value everything he has done for the club.
As is stands, there is no meeting scheduled between both parties to continue negotiations.
Arsenal continue to monitor Vinicius Jr’s situation at the Bernabeu and are ready to make him the highest-paid player in their history.