Arsenal has yet to spend a penny this transfer window while Monaco has spent arguably the most in bringing the best talent to the tax-free state.
The latest transfer saga involves French U20 prodigy, Geoffrey Kondogbia who currently plays for Spanish club, Sevilla.
According to recent reports by Sky Sports, Arsenal has had a £10million bid for Newcastle midfielder Yohan Cabaye rejected.
After encountering numerous injuries and misfortunes during their opening game against Aston Villa, Arsenal now have a very thin squad for their next Premier League game at Craven Cottage.
The France midfielder may just be the right replacement to bring calm to the exasperated Gunners fans that have yet to see any big name signings this summer.
Meanwhile, Monaco has won their first two league games with relatively comfortable score lines but may want to boost their midfield. The team may prove very attractive to the young Frenchman for obvious cultural reasons.
According to ESPNFC, Sevilla president Jose Maria del Nido said: “Sevilla will not negotiate for a possible sale of the player, as we do not want him to leave.
“Lots of offers have come in, the latest was for €15 million, which we turned down. Either they pay €20 million, or they pay €20 million."
This clearly suggests that the player has a release clause that should be affordable by both clubs in contention. Overall, it seems the decision will ultimately come down to the player.
However, reports from ESPNFC suggest that Monaco are closer to tying down the player as his third party investor, Doyen Group have already conducted business with Monaco earlier in the summer for Colombian striker Radamel Falcao.
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