Arsenal failed in a deadline day swoop for Fiorentina forward and Chelsea target Stefan Jovetic reports talkSPORT.
The 21-year old starlet, who has been likened to Italian legend Roberto Baggio spent the whole of last season on the sidelines with a cruciate knee ligament injury, but returned to fitness at the start of the 2011-12 campaign.
After joining the Serie A from Partizan Belgrade in 2007 in a £7million deal, Jovetic has scored just eight goals in 58 appearances for Fiorentina, but is still widely regarded as a player with great potential.
Gunners boss Arsene Wenger is a known admirer of promising young talent, and was undeterred by the Montenegrin striker's injury-plagued past, making a deadline day attempt to bring him to the Emirates Stadium.
"It's not only Chelsea who want Jovetic, but Arsenal also," former coach and advisor Roberto Galbiati told TV station Italia 7. "Arsenal, on the last day of the summer transfer market, submitted a bid to Fiorentina but the club refused."
Chelsea manager Andre Villas-Boas was also rumoured to be interested in bringing Jovetic to Stamford Bridge this summer - but the signing of Juan Mata, Raul Meireles and Romelu Lukaku has significantly increased the Blues' midfield and attacking options that it is unclear whether the west Londoners will renew their attempts at a later date.