The Gunners are reportedly looking for £10million but with the close of the transfer window fast approaching, the club are in danger of letting the player leave for nothing. The 27 year old will be able to talk to clubs in January about a free transfer next summer when his contract expires.
Arsenal’s original asking price was said to be £15million which put off a number of clubs from making an offer for the defender. Watford were the club likeliest to make a formal bid but the Mirror has reported that the Hornets turned down the opportunity because Gibbs was unwilling to reduce his salary demands.
Galatasaray on the other hand may be able to meet the player’s personal terms but the £6m difference in valuation could be problematic. The Turkish club are also pursuing Juventus’s Kwadwo Asamoah who could be available for just €7m or £6.4m according to reports in Italy.