The newspaper believe the Turkish club have offered just €4m or £3.7million, but they are holding discussions in Istanbul with the player’s father to see if the defender would be interested in making the switch to Turkey.
Agent Erkut Sogut has also travelled to speak with Galatasaray to discuss personal terms. He is the representative of Gibbs’ team mate Mesut Ozil but it is believed his contacts in Turkey will allow negotiations to run more smoothly.
Sky Sports reported in July that West Brom had a £10m bid rejected by the Gunners for Gibbs but it seems Galatasaray are hopeful of getting a deal done for a lot less due to the proximity of the end of the transfer window, and the fact that the 27 year old’s contract runs out next summer.
The Times reported on Monday about Galatasaray’s interest, but they said Arsenal are still holding out for £10m, so it remains to be seen how negotiations will progress.