Leicester City attacker Jeremy Monga is set to join Manchester City despite agreeing personal terms with Arsenal.
The Gunners were reportedly put off by Leicester’s valuation and walked away from the deal.
Monga is set to become the fourth most-expensive 16-year-old ever following an agreement worth £10 million.
New Man City manager Enzo Maresca played a key role in convincing the teenage sensation to reject Arsenal.
It is a blow for the Gunners given the England youth international’s talent.
Monga was keen to join Arsenal and had been speaking with Max Dowman over life at the club.
The Gunners made a £5m bid for the Leicester winger, including a 10 percent sell-on fee in the deal.
The Foxes knocked back the bid, insisting on £10m and a 15% sell-on fee.
They initially wanted £15m for Monga but eventually reduced their valuation, and Man City have agreed to do a deal.
Arsenal will now look elsewhere after missing out on him. They also opted against signing Newcastle United midfielder Sandro Tonali due to his wage demands and agent fees.
The Italian is now set to join Tottenham Hotspur for around £100m, and Spurs have handed him a £275,000-per-week deal – almost double his current earnings.
