Arsenal and Juventus have been told that it will take in excess of £25.5 million to take Gonzalo Higuain away from Real Madrid. Both clubs have been heavily linked with the striker, who has revealed that he wants to leave the Bernabeu this summer. Despite claims from Higuain’s father and agent, Jorge, that they had held talks with Arsenal and Juventus over a move, Madrid president Florentino Perez has stated that no side has approached his club. And he warned that the rumored asking price will not suffice.

"To date no team has told us of his interest in Higuain,” he told Marca TV. “I don’t know what will happen tomorrow. If Juventus plans to offer €30 million (£25.5m) for Higuain it's better that they don't come, because that is not enough.”

Meanwhile, it appears that doubt over Higuain’s future is set to drag on with Juventus being told that no negotiations will commence until Madrid appoint a new manager. "Real Madrid have told us that Higuaín is not for sale and that no decision will be taken before the new coach arrives,” Juventus director general Beppe Marotta said, according to the Guardian.

Arsenal also look set for a battle to land Lyon midfielder Clement Grenier. Arsene Wenger had admitted his interest in the 22-year-old, who made his debut for France last week. But, despite Grenier suggesting that he was poised to complete a transfer, Lyon have insisted that he will not be leaving this summer.

“We've had talks about Clement Grenier,” Lyon president Jean-Michel Aulas said, according to Sky Sports. "The club's position is there will be no departure this year of a player who was educated at the club and that is reaching maturity."

Another midfielder linked with the Gunners this summer has been former captain Cesc Fabregas. Reports continue to suggest that the player could leave Barcelona this summer after struggling to impose himself on the team he rejoined in 2011. The Daily Telegraph has reported that Manchester United have been informed that Fabregas is ready to depart the Camp Nou. Such news is likely to alert Arsenal, which has a first-option clause to re-sign the 26-year-old. The latest comments from Fabregas, though, present a different picture.

“It has taken a lot for me to get where I am, and I am not thinking about throwing it all away for nothing,” he told radio station Spanish Onda Cero. “If Barcelona said that they didn't want me, that would be another thing -- but what I really want is to triumph at Barcelona. That's been my dream since I was a child. The way in which some people always invent things is fascinating.”

A new target appears to have emerged with reporting that Arsenal have made an inquiry for Everton’s Marouane Fellaini. The story states that the Gunners have activated the Belgian midfielder’s clause which allows him to leave for a side in the Champions League. Reports have valued the clause between £22 million and £24 million. It is said that Arsenal are now awaiting the go ahead to discuss personal terms for the player. However, there is likely to be competition for Fellaini’s signature, with new Manchester United manager David Moyes thought to be keen to reunite with his former charge and Chelsea also having been linked in the past.

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