Brighton have rejected Arsenal’s second bid for Moises Caicedo, with the Gunners now considering making a club-record offer for the midfielder.
Arsenal approached Brighton with a new and improved £70m offer on Sunday but that too was ‘immediately rejected’, according to Sky Sports.
Brighton's stance remains unchanged and the midfielder is not for sale in January.
Had the Seagulls accepted Arsenal's latest offer for the 21-year-old it would have been a club-record transfer, surpassing the £60m sale of Marc Cucurella to Chelsea in the summer.
The Gunners also had their initial £60m offer for Caicedo rejected, which prompted the Ecuadorian to plead with Brighton to let him leave and join the Premier League leaders in a statement on social media.
He was told to stay away from training with the Seagulls until after Tuesday's transfer deadline following his Instagram post.
Leandro Trossard has already swapped Brighton for Arsenal in the current window in a deal worth £27m.
