Arsenal are said to be still ‘someway apart’ from Leicester’s valuation of James Maddison as the club look to sign a creative midfielder before the closure of the transfer window.
The north London side are interested in signing Maddison, with the midfielder understood to be open to the prospect of moving to the Emirates after three seasons at Leicester.
According to football.london though, negotiations between the clubs have been ‘very slow’ with the Gunners still ‘someway apart’ from the Foxes’ valuation, believed to be in the region of £70m.
Arsenal had reportedly offered players – including Joe Willock, Ainsley Maitland-Niles and Reiss Nelson – in part-exchange, but a player-plus-cash deal was rejected.
Willock is now nearing a £25m move to Newcastle and the Gunners will hope to raise further funds from the sales of fringe players to fund their business, with Eddie Nketiah another player who is available for transfer this summer.
Arsenal are considering alternative options and are continuing to monitor Martin Odegaard’s situation at Real Madrid, following the midfielder’s loan spell at the club last season.
Should a deal for Maddison materialise however, Leicester will target a move for Manchester United midfielder Jesse Lingard as a replacement.
The 28-year-old has entered the final season of his deal with the Red Devils and excelled following a loan spell at West Ham over the second half of last season, scoring nine goals in 16 appearances to earn an England recall.
The Hammers had been keen on signing the player on a permanent basis but have been reluctant to meet United’s asking price of around £30m.
Lingard previously had a loan spell at Leicester during the 2012/13 season, making five appearances.