Manchester City are refusing to pay more than £15million to sign Robin van Persie from Arsenal this summer, according to a report on

Despite their wealth and riches, the recently crowned Premier League champions insist they will not be held to ransom over the extravagant valuation of the Gunners skipper, and say they will turn their attention to alternative striker options if the north London club are unwilling to do business.

Citizens boss Roberto Mancini is believed to be open to selling four of his current crop of forwards at the Etihad Stadium, with Emmanuel Adebayor, Carlos Tevez, Edin Dzeko, and Roque Santa Cruz all set for the exit door.

Naturally, that will mean City want to add one or two attacking reinforcements during the transfer window, but an approach for Van Persie is not guaranteed.

Arsene Wenger is determined to keep his talisman at the Emirates Stadium beyond the summer, and has offered the Dutch international a lucrative three-year deal that will make him the highest paid player in Arsenal's history.

Van Persie is expected to go on a family holiday following the Netherlands' shock group stage exit from Euro 2012, where he will continue to deliberate over his options, as he enters the final 12 months of his current contract.

Roberto Mancini is aware that it would take an offer of around £200,000-a-week to convince the forward to move to Manchester, but, as a City source explained, the club are keen to avoid overspending.

"The numbers do not add up for City. They are not willing to pay more than £15million on top of marquee wages."

Arsenal would prefer to let Van Persie walk away on a free next year rather than sell him for £15-20million this summer, as Wenger looks to significantly strengthen his squad in an attempt to mount a serious title challenge next season.

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