Jamie Vardy looks set to reject a move to Arsenal and stay at Premier League champions Leicester City, according to BBC journalist David Ornstein.
Ornstein claims that the Gunners won't make an improved contract offer to Vardy and will pursue other options in the pursuit of adding to their front line.
Arsenal triggered Vardy's £22 million release clause before the start of Euro 2016, but the 29-year-old insisted that he wouldn't make a decision until the end of the tournament.
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Vardy, 29, was one of the standout players in the Premier League last season, netting a remarkable 24 league goals for the Foxes.
It didn't exactly come as a surprise, then, that Arsenal made their move for him at the end of the season, but it now appears that the club will have to reassess their options on over the coming weeks.
BBC journalist Ornstein tweeted: "Vardy set to reject Arsenal & stay at Leicester. No final decision yet but favouring #LCFC. #AFC won't improve offer, pursuing other options."
Gunners boss Arsene Wenger recently admitted that he doesn't expect Vardy to complete a move to the Emirates this summer.
He stated: "Jamie Vardy is, at the moment at Leicester," the Arsenal boss told Tencent Sports, as per Goal.com.
"And, on what I know, he will stay at Leicester."
Vardy once again proved his credentials last week as he came off the bench to find the back of the net during England's 2-1 victory over Wales.
Who should Arsenal now target? Have your say below!