Arsenal target Jan Vertonghen will not be allowed to leave Ajax for less than €20million according to technical manager Danny Blind.
Speaking to Eredivisie Live, the former player revealed, "There is nothing concrete at the moment. Jan has a limited fee released clause in his current deal, but that amount is well over €20 million.
"There are some clubs in England that are willing to pay those kind of fees, but Jan is pretty picky when it comes to a potential new club."
Gunners boss Arsene Wenger is a long-term admirer of Vertonghen, and wants to reunite him with former teammate Thomas Vermaelen at the Emirates Stadium.
However as he looks to strengthen his Arsenal defence following the recent departure of Gael Clichy to Manchester City, Wenger will not be amused by the increase in Vertonghen's valuation.
Contracted to Ajax until the summer of 2013, the 24-year-old stopper does not have to be sold, despite Arsenal's reported interest.
Having also been linked with moves for Gary Cahill and Christopher Samba, it remains to be seen what Wenger and Co. deem to be the best value for money business ahead of the new season.
If however the cash-conscious Arsenal uncharacteristically meet Vertonghen's valuation, then Ajax will not stand in their way when they open negotiations to bring him to the Barclays Premier League this summer.