Arsenal appear to have received their first rejection in the transfer market this summer following an astronomical offer.
The Gunners are seemingly preparing for a busy transfer window ahead of the 2017/18 season which will be without Champions League football.
Arsene Wenger reportedly made an audacious attempt to secure the signing of highly-rated AS Monaco striker Kylian Mbapppe this week.
However, according to the Telegraph, Arsenal’s offer of €100million (£87million) has now been rejected by the French club.
Wenger recently revealed that he began his pursuit of the 18-year-old last summer after personally meeting up with the youngster.
“The player would tell you that I was at his home last year to try to get him here because he was at the end of [his] contract, but Monaco managed to keep him and the decision was very, very tight,” Wenger said.
“But I could understand it as well because he was educated there and at the end decided to stay there.”
Arsenal are believed to be the third club who have now had a bid for Mbappe turned down by AS Monaco.