Close! Arsenal £4m short of completing 3rd signing after club reject 1st bid

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Arsenal have had a £22million bid rejected by Juventus for Juan Cuadrado.

Arsene Wenger is prepared to splash the cash this summer and has already done so with the club-record signing of Alexandre Lacazette from Arsenal.

But he has been dealt a setback in his pursuit of Cuadrado.

Colombian radio station RCN claimed yesterday that Arsenal tabled a £22m offer for the winger.

However, The Sun say their offer has been rejected by the Serie A champions.

The report adds his asking price has been set at £26.3m.

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