Barcelona are reportedly willing to listen to offers for Raphinha, but will demand a hefty fee to part ways with the attacker this summer.
Raphinha has been a standout performer for the Catalan giants this season and his impressive performances have put himself in contention to win the 2025 Ballon d'Or.
Only Robert Lewandowski (40) has scored more goals across all competitions for Barcelona than Raphinha (30), who has also provided 23 assists in 50 appearances.
The 28-year-old has played an integral role in Hansi Flick's treble-chasing side who are bidding to win the La Liga title, Copa del Rey and Champions League this season.
Raphinha, who has netted a Champions League-high 12 goals in this season's competition, is under contract at Camp Nou until June 2027 and recently expressed his desire to remain at Barca.
"I have a few more years on my contract and I plan to fulfil them," Raphinha told reporters. "I have already said many times that signing for Barcelona was a dream and I will do everything possible to stay here for many years."
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PL, Saudi clubs learn Raphinha asking price
However, according to Fichajes, cash-strapped Barcelona are not closing the door on a possible departure of Raphinha, but they have made it clear that they would only entertain offers of at least €100m (£85.8m).
Although Raphinha is keen to stay and would be open to extending his contract, Barca are under pressure to address their financial troubles and they could be forced into a high-profile sale.
The report adds that the club's hierarchy believe that 'a millionaire sale' could help balance their books without drastically weakening Flick's first-team squad, as long as viable replacements are found.
It is claimed that both Liverpool and Arsenal are 'very attentive' to Raphinha's situation, while fellow Premier League side Chelsea, who attempted to sign the winger from Leeds United before he joined Barca in 2022, are also closely monitoring him.
Meanwhile, Saudi Pro League clubs are understood to have joined the race for Raphinha's signature now that Mohamed Salah has opted to extend his contract at Liverpool.
Al-Hilal are one of four clubs owned by Saudi Arabia's Public Investment Fund and they are said to have expressed an interest in the Brazilian, with an offer ready to be tabled if they are made aware that a summer exit from Barca could be on the cards.
Oliver Thomas
