Arsenal were put off by Leicester City’s valuation of Jeremy Monga as Manchester City clinch deal | OneFootball

Leicester City attacker Jeremy Monga is set to join Manchester City despite agreeing personal terms with Arsenal.

The North London club were keen on the 16-year-old as Gunners manager Mikel Arteta is eyeing attacking reinforcements at the Emirates Stadium club.

However, Arsenal were reportedly put off by Leicester’s valuation, stalling and eventually walking away from the deal.

Monga is set to become the fourth most-expensive 16-year-old ever following an agreement worth £10 million.

New Man City manager Enzo Maresca played a key role in convincing the teenage sensation to reject Arsenal for the Etihad Stadium club.

It is a blow for the Gunners given the huge talent of the England youth international.

Monga was keen to join Arsenal and had been speaking with Max Dowman over life at the Emirates.

The Gunners tabled a £5m bid for the Leicester winger, including a 10 per cent sell-on fee in the deal.

The Foxes knocked back the bid, insisting on £10m and a 15 per cent sell-on fee.

They initially wanted £15m for Monga but eventually reduced their valuation and Man City have agreed to do a deal.

Arsenal will now look elsewhere after missing out on him, but failure to get such a player capable of becoming a big Premier League star in the future is a major transfer blow.

They also opted against signing Newcastle United midfielder Sandro Tonali due to his wage demands and agent fees.

The Italian is now set to join Tottenham Hotspur for around £100m, and Spurs have handed him a £275,000-a-week deal – almost double his current earnings.