Mauro Icardi has rejected a move to Arsenal, after Inter Milan attempted to offer him in an exchange deal for Pierre-Emerick Aubameyang, Sport Mediaset reports.
The Gunners were offered the chance to sign Icardi, but the 26-year-old snubbed a potential switch to the Gunners as he does not want to move to London.
The Argentine striker is holding out for a move to Juventus.
Inter boss, Antonio Conte, has confirmed that Icardi no longer had a future in the team and the Serie A club are open to offers for the Argentine.
Conte is also looking to raise funds, in order to get land the £90million-rated Romelu Lukaku from Manchester United.
Inter's latest bid for Lukaku is £54m, but that has been rejected by United.