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Arsenal have rejected Barcelona’s initial offer to sign Philippe Coutinho on loan, according to reports. The Brazil international has spent the season on loan at Bayern Munich but the Bundesliga champions are not looking to make his move permanent for €120 million (£105m).
Coutinho is one of several players Barcelona are willing to offload in the next transfer window and the Spanish club are already looking for potential suitors.
Earlier this week, reports claimed that Arsenal are preparing talks with Kia Joorabchian, the agent who is in place to engineer the midfielder’s switch to the Premier League.
But according to ESPN, while Barcelona have offered Arsenal the chance to sign Coutinho, the Gunners are not in a position to accept the terms of the agreement.
The report claims that Barcelona are demanding a £10m loan fee and are asking clubs to fully cover the 27-year-old’s £250,000-a-week salary.
However, both Arsenal and Manchester United are not willing to meet Barcelona’s terms. Speaking earlier this month, Joorabchian claimed he had not yet received an approach for Coutinho. ‘At the moment, we have not spoken to anybody about any deals whatsoever,’ Joorabchian told talkSPORT.