However, Arsenal are in no rush to sign Kluivert at the moment, complicating things for Roma.
Roma rate Kluivert at €35m and their idea is to take Mkhitaryan, currently on loan at the Italian club, plus between €10-15m in cash from the Gunners.
Mkhitaryan wants to stay in Rome, but Arsenal’s asking price of €20m is too high for the debt-ridden club.
La Liga club Atletico Madrid have come forward and made serious moves for the Dutch forward, TMW reports.
Diego Simeone would like to add Kluivert to his Atleti squad, possibly as a replacement for €70m flop Thomas Lemar.
Kluivert has made 27 appearances in all competitions this season with a return of seven goals and two assists.