Arsenal have rejected a £25m bid from Aston Villa for highly-rated midfielder Emile Smith Rowe.
Villa have already signed Argentine midfielder Emiliano Buendia from Norwich for a record £33m this summer.
But it is understood there is little chance of tempting England under-21 international Smith Rowe to Villa Park.
The Gunners do not intend to sell and want to offer the 20-year-old academy product a new deal after a breakthrough season.
Smith Rowe's current contract expires in 2023.
Meanwhile, Arsenal are interested Brighton centre-back Ben White and Sheffield United goalkeeper Aaron Ramsdale.