Arsenal are set to return with a second offer for Leicester City teenager Ben Chilwell after their first was rejected, reports The Sun.
The Gunners are reported to have made an original bid in the region of £3million for the 19-year-old, but are set to return with £4m in the coming days.
With the transfer deadline fast approaching on Monday, Arsene Wenger is attempting to push through the deal in the current window to ward off rival interest from Tottenham and Liverpool.
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Chilwell has yet to play in the Premier League, but his talent is well known throughout the division. He spent the first half of the season on loan at Huddersfield and impressed during both of Leicester's FA Cup ties against Tottenham earlier this month.
Leicester will try to ward off interest by offering the left-back an improved contract and a promise of more first-team football at the Kingpower Stadium. However, Arsenal are playing the long game and are happy to wait until the summer to complete a deal.
Trouble for Gibbs
If Chilwell does sign, it could signal the beginning of the end for Kieran Gibbs, who has already found himself out of Arsenal's starting line-up this season.
Losing his place to Nacho Monreal, the left-back has started just two Premier League games and has almost certainly dropped out of contention for a spot in England's Euro 2016 squad as a result.
At 26-years-old, Gibbs has not got time to wait around and added competition could force him to seek a move. Newcastle, Crystal Palace and Swansea are all waiting in the wings if he makes that call.
However, it is more likely that Chilwell is seen as a long-term replacement to Monreal, who turns 30 next month, rather than Gibbs.
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