It all looked set that Gonzalo Higuain would complete his protracted move to Arsenal with the player's father confirming the deal was close to being finalised last week.
Provided the player travelled to London to complete the formalities, the deal would be sealed soon after.
However, fast-forward a week and Spanish newspaper Marca are reporting that Arsenal have given up in their pursuit of Higuain and are turning their attention to Luis Suarez of Liverpool.
It was understood that the player himself was very keen on a move to Arsenal with the Argentinean forward believing it to be the right time to further his career away from Real Madrid. Higuain had been frustrated with the lack of first-team action and publicly stated his desire to leave the Spanish capital.
Arsenal themselves also are in the need of a goalscoring striker with Olivier Giroud being Arsenal's only reliable frontman following the departure of Robin van Persie last summer.
In the last week, however, the deal has hit somewhat of a stumbling blog with Real Madrid reportedly now keen to keep Higuain at their disposal after discussions with newly appointed manager Carlo Ancelotti.
This change of heart from Real Madrid to want more money from Arsenal has reportedly put Arsene Wenger off the deal and the experienced Arsenal manager has reportedly turned his attentions to Luis Suarez of Liverpool, who is keen to leave his club also.
Real Madrid president Florentino Perez last week stated to a American television channel, Univision, that Real Madrid had received no offer for Higuain from Arsenal.
Whether this was to force Arsenal's hand in offering more money or rather suggesting the player was not for sale, we cannot be sure. But in the days following this interview it was widely reported that Arsenal had seen their initial tentative offer of £30million for Luis Suarez knocked back instantly by Liverpool.
Marca this week have been reporting that despite Perez's comments about receiving no offer from Arsenal, the bid for Luis Suarez was merely an act, which hopefully would force Higuain's hand and encourage him to really push for a move away from the Bernabeu .
Arsene Wenger was yesterday asked about the possibilities of Gonzalo Higuain, Luis Suarez and even Wayne Rooney joining the club at a press conference in Jakarta with the Gunners in Indonesia as part of their pre-season tour but gave an answer that would give very little encouragement to Arsenal supporters by claiming the players were not within the club's reach.
"They are all realistic targets, quality-wise, but not all of them are available to join us," he said to reporters.
The use of the phrase 'not all' gives, at least in my mind, greater credibility to the reports that the Arsenal bid for Luis Suarez was merely a tactic to force the hand of Higuain and Real Madrid.
Higuain is due to join up with the Real Madrid squad for the beginning of pre-season training on Monday with the probability of the deal going through looking less likely by the day.
However Arsenal correspondent for the Mirror, John Cross does still believe the deal for Higuain will go through stating via his official Twitter page that he was left convinced by Arsene Wenger that the London club will deliver "at least two big signings."
Some sections of the Spanish media do feel that the interest in Higuain shown by Arsenal has certainly cooled over the past seven days, which is leading to vigorous speculation that the Gunners' bid for Luis Suarez is a very serious prospect.
Arsenal manager Arsene Wenger also confirmed to the media outlets in Jakarta that he had begun talks about a new contract for himself at the club whilst at the same time putting to bed any rumours linking him to the managerial position at cash rich Paris Saint Germain.
Arsenal kick off their Asia tour today with a match against an Indonesian dream team and there is no doubt that the speculation linking Arsenal to a various number of strikers will only continue as the summer goes on but at this moment it does look as if Arsenal have turned their attentions away from Gonzalo Higuain.
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