After signing a contract with one of the most prestigious teams in the world of football, Aaron Ramsdale has reportedly parted ways with Arsenal late this afternoon

However, the latest developments indicate that Wolverhampton Wanderers have pulled out of the race due to the financial implications of a deal with Arsenal.

The news was first reported by BBC journalist Nick Mashiter, who revealed on Tuesday that Wolves had been priced out of a move for Ramsdale. The club considered the overall financial package too costly, leading them to abandon their pursuit of the Arsenal goalkeeper.

Wolves had initially proposed a loan deal with an option to buy for £20 million, but this offer was not accepted by Arsenal. Instead, Wolves have shifted their attention to Crystal Palace’s Sam Johnstone, with negotiations for a £10 million transfer currently underway.

While Wolves have dropped out of the race, Southampton has emerged as a strong contender for Ramsdale’s signature. According to Mashiter, Southampton is keen on acquiring the goalkeeper, and negotiations between the Saints and Arsenal are progressing well.

Renowned transfer specialist Fabrizio Romano has corroborated this, reporting that all parties involved are optimistic about reaching a deal soon.

Meanwhile, talkSPORT’s Alex Crook and CBS Sports’ James Benge also confirmed that Wolves are no longer pursuing Ramsdale and that Southampton is now in the picture. Crook mentioned that Southampton manager Russell Martin is an admirer of Ramsdale, and both sources agree that Arsenal is leaning towards a loan deal with an obligation to buy, should a direct sale not materialize.

Ed Aarons from The Guardian added further details, explaining that Southampton is exploring the possibility of signing Ramsdale on loan after deciding not to move forward with their pursuit of Feyenoord’s Justin Bijlow due to medical concerns.

Aarons noted that Southampton’s proposal includes an option to buy, despite Arsenal’s preference for a mandatory purchase clause. Additionally, Aarons reported that Ajax might also be considering a move for Ramsdale, which could complicate matters for Southampton.

Other clubs have also shown interest in Ramsdale, including Bournemouth, which previously considered signing him before opting for Chelsea’s Kepa Arrizabalaga on a season-long loan. This choice by Bournemouth indicates that their interest in Ramsdale has cooled, leaving Southampton and Ajax as the most likely destinations.

However, there are still financial hurdles to clear before any deal can be finalized. Lyall Thomas of Sky Sports News suggested that Arsenal may need to lower their demands for a permanent transfer fee if either Southampton or Ajax is to successfully negotiate a deal.

Despite these obstacles, discussions between Arsenal and Southampton are reported to be going well, with a resolution potentially on the horizon.

Ramsdale, who made 11 appearances for Arsenal in the 2023/24 season, is reportedly eager to secure more regular playing time. As such, a move away from the Emirates Stadium could benefit both the player and the club, especially if a satisfactory agreement can be reached in the coming days.

Overall, the situation surrounding Aaron Ramsdale’s future remains fluid, with Southampton currently leading the race but facing competition from Ajax.

The final outcome will likely depend on whether the interested clubs can meet Arsenal’s financial expectations or negotiate a mutually beneficial agreement. As talks continue, Ramsdale’s desire for regular playing time could play a significant role in shaping his next move.