Leicester have reportedly knocked back a player-plus-cash approach from Arsenal for James Maddison.
Arsenal are interested in a deal to sign the midfielder as the north London side look to add creativity to their ranks before the closure of the transfer window, but have seen an initial offer for Maddison rejected by the Foxes.
The Gunners had hoped to include Reiss Nelson and Ainsley Maitland-Niles in part-exchange for the 24-year-old, though Football Insider are reporting the bid has been rejected and that Leicester have no interest in the players offered.
Brendan Rodgers’ side are believed to value Maddison in the region of £70m, a figure that will be difficult to match for Arsenal who have already invested significantly in the signings of Ben White, Nuno Tavares and Albert Sambi Lokonga.
Maddison has flourished since signing for Leicester from Norwich in a £20m deal three seasons ago, with only Kevin De Bruyne having created more chances than the one-cap England international since his Premier League debut.
Maddison has also created 105 chances from set-pieces since making his Leicester debut, a figure that ranks just behind the total managed by Arsenal’s entire squad (118) from set-piece situations during that same timeframe.
The midfielder scored 11 goals and provided 10 assists in 42 appearances across all competitions last season, playing an important role as Leicester won the FA Cup and secured Europa League qualification with a fifth-place finish in the Premier League.