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Arsenal rejected Nottingham Forest's £40 million offer for Noni Madueke, demanding £60 million instead.
Arsenal have responded with a categorical rejection to an official transfer bid from Nottingham Forest for England winger Noni Madueke.
The initial proposal from the Tricky Trees was set at £40 million.
The Gunners quickly blocked the deal, making it clear that they are only willing to entertain a sale of the young talent if a fixed compensation of £60 million is put on the table.