Date: 15th August 2017 at 7:00pm
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will not meet Arsenal’s £13.4m (€15m) asking price for striker , according to the Evening Standard journalist James Benge.

A second offer of £11m (€12m) has been made by the Spanish club but the bid looks to be their final offer with no further talks being scheduled to take place between Arsenal officials and Depor’s president Tino Fernandez.

Perez’s agent Rodrigo Fernandez Lovelle spoke out yesterday once again about the negotiations, saying Deportivo’s offer was reasonable considering they had only received €14m (£12.7m) from the €20m (£17m) that Arsenal paid for the striker last summer. The remaining €6m went to Perez’s previous club PAOK Salonika as part of a sell-on clause.

With Newcastle having seemingly moved on to Stoke City’s Joselu and Fenerbahce having signed Roberto Soldado from Villarreal, Deportivo know that they are the only club still in the running for Perez. Whether the Gunners will consider lowering their demands before August 31st, we will have to wait and see.