Arsenal’s top priority target Juan Mata now has a €60 million price tag over his head, after the winger’s cheap buy out clause of €23 million expired yesterday, according to the Times.
Arsenal had reportedly agreed to a €23 million fee for the star yesterday, but due to the Gunners not being able to present the money, the deal has fallen through.
A gentlemen’s agreement was in place with Arsenal for Mata to go for a cheaper price, but with Valencia facing debts in excess of €400 million, the Spanish club are said to be at the end of their tether over the situation, and have told Arsenal that if they want Mata they have to fork out the maximum sum.
The most likely scenario at the moment is reportedly that Mata will sign a new contract with Valencia, with the club hoping to keep hold of their star and not accepting offers of any less than €30 million at the least.
Mata was also said to be fielding interest from Tottenham, but the Spaniard preferred a switch to a club that could offer Champions League football.