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3rd Aug, 2016 | 6:09pm

Manchester City have £37.7m bid rejected for Arsenal target - reliable journalist

By Alex Taylor

Manchester City have had a £37.7million bid rejected by Roma for Arsenal target Kostas Manolas, according to a reliable journalist.

Gazzetta dello Sport writer and transfer guru Emanuele Giulianelli claims that Pep Guardiola’s side have been knocked back in their first move for the centre-back.

Football Insider revealed in April that Arsenal were eyeing Manolas two years after a deal to sign him collapsed.

The Sun previously reported that Wenger had been quoted a figure of £37.5million to get his man, who has three years remaining on his Stadio Olimpico contract.

Giulianelli took to Twitter to share the news of City’s failed bid:

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Roma are understood to be reluctant to sell their star defender. A clause exists in the defender’s contract which states that the Italian outfit will owe his former club Olympiacos 50 per cent of his future transfer fees.

Meanwhile, Arsene Wenger is back in the market for a central defender after Per Mertesacker picked up a pre-season injury that will rule him out of the beginning on the Premier League season.

More problems have emerged in the build up to the new season as centre-half Laurent Kosicelny has been linked with a move to German Champions Bayern Munich and Gabriel’s performances have been considered a cause for concern.

In other Arsenal transfer news, transfer target Shkodran Mustafi was told that he would have to sign for the Gunners if he wanted to enter the UK.