The Gunners bid where rejected recently by Sporting Lisbon for Joelson Fernandes on the ground that that Arsenal fail to meet up with the player’s release clause.
Club record shows that a £18m bid was placed on the latest graduate of the famed sporting Academy star which produced the likes of Nani,Luis Figo and Christiano Ronaldo.
Based on the fact as stated by the Portuguese club claiming that the Gunner bid was too small for an upcoming star like Joelson with a £41 buyout clause and the club is not willing to sell unless the release clause is met.
It is believed that Arsenal is aware of the Portuguese financial situation and the various problem they faced in getting the player who has two years remaining in his contract.
Report from Arsenal is still hanging on the fact that the Gunners representatives and the player’s agent are expected to be in Lisbon to see if a deal can still be established.