Leicester City have also responded to Arsenal’s formal offer for English sensation Jeremy Monga, according to The Times.
Arsenal’s summer transfer plans continue to dominate the headlines as manager Mikel Arteta looks to strengthen his squad to challenge on multiple fronts next season.
The Gunners have been linked with several high-profile attacking targets in recent weeks as they look for more attacking power as they look to defend their Premier League title.
One of Arsenal’s players who is attracting attention is Aston Villa star Morgan Rodgers.
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The England international has emerged as one of the club’s main targets after his impressive form for Unai Emery’s side.
Arsenal continue to be linked with a potential move for Rodgers, despite his valuation potentially reaching around £100m.
The attacker has a long-term contract with Villa until 2031 after penning new terms last year, meaning any deal is likely to require a substantial offer at that venue.
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Arsenal are also said to be interested in Atletico Madrid striker Julian Alvarez.
The Argentina international has become one of the most talked about players in this summer’s European transfer window, with reports suggesting he is seeking a move away from Atlético, which Barcelona have already rejected.
The former Man City forward would sign a significant statement if a deal becomes available, but Diego Simeone’s side are poised to find themselves in a very difficult situation.
Arsenal’s recruitment strategy is not solely focused on established stars, with the club also investing heavily in young talent.
One of the most notable players is, of course, Leicester’s Monga.
The teenage winger has attracted attention from a number of top clubs following his breakthrough at the King Power Stadium.
Monga became one of the youngest players in Premier League history and continued to develop in the Championship, his performances attracting the attention of leading clubs across England.
Man City, Chelsea and Man United are all said to be interested at various stages.
But Arsenal seem determined to win this race.
Arsenal receive response from Leicester City following bid for Jeremy Monga
According to Gary Jacobs of The Times this morning, Arsenal have had their £5m bid for Monga rejected by Leicester City.
The newspaper reports that Leicester are seeking a bigger package for the 16-year-old, with Leicester initially valuing him at around £15m, but later reduced their request to a figure closer to £10m plus a sell clause.
Arsenal’s offer is reported to include a low percentage of future sale proceeds, which Leicester were hoping to secure.
Despite the setback, negotiations between the two clubs over a “quality” English player continue.
Arsenal are understood to favor a quick deal rather than allowing the process to go to court, with Leicester’s financial situation putting increased emphasis on selling players this summer.
After a difficult period on and off the pitch, the Foxes are expected to listen to offers for several players.
That could ultimately open the door to further discussions surrounding Monga, who has already agreed personal terms to join the Gunners (Ben Jacobs).
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