Arsenal have turned down a £30million bid from Everton for Alex Iwobi and are asking for more money.
And according to the UK Telegraph, the Gunners are holding out for a fee above £40million.
If the Toffees go that high for the Hale End Academy product, it will break Arsenal’s record for their most expensive sale.
Alex Oxlade-Chamberlain cost Liverpool around £40m when he left the club two years ago and it remains their biggest deal ever.
Iwobi is not angling for a move to Everton but would agree a move to Goodison Park if the two clubs reach an agreement.
The Super Eagles star extended his contract after the 2018 World Cup tying him to Arsenal until 2022.
This article was most recently revised and updated 3 years ago