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Real Sociedad have reportedly rejected Arsenal initial offer of just over €30m for midfielder Mikel Merino with the Spanish club holding out for €35m.
Despite this setback talks between the clubs are expected to continue.
According to transfer expert Fabrizio Romano Merino has agreed to a contract with the London club. However disagreements over the transfer fee and payment structure have slowed negotiations.
If successful the transfer would be a significant boost for Arsenal adding depth and talent to their midfield.
Merino desire to join the club and the agreed-upon contract terms suggest that the deal is likely to be completed pending an agreement on the transfer fee and payment structure.
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