Shocking: Wenger Agree to Slash Price to enable this Sad Arsenal star Leave

Follow ooh to be a Gooner on Facebook and Twitter for more latest Arsenal news, match analysis, transfer news, injury news, team news and rumours from reliable sources around the World.

Arsenal have decided to reduce its asking price for Kieran Gibbs, according to reports.

Gibbs is expected to leave the Emirates this summer to create space for Sead Kolasinac who arrived in May but it has been difficult to find a club willing to sign him.

Watford had shown the most serious interest in the defender but pulled out of negotiations when Arsenal demanded £15m for the England international and refused to lower its demands.

Newcastle United and Stoke City who were also keen on the defender were also unwilling to pay that much and that has until now left him in an uncertain situation.

However, Arsenal have now had a rethink as The Sunday Mirror is claiming the Gunners will now demand £8m for the defender.

The report claims Gibbs will be allowed to leave the Emirates for that figure as Wenger prepares his squad for next season.

That is almost half the club’s initial asking price and it appears the decision makers have come to understand that there is no way we would make that much money from a player who featured just 11 times in the Premier League last term.

His wage demand of £70,000 per week has also been a problem and it remains to be seen if he will now reduce his own demands.

Gibbs has just 12 months left in his contract and will have to leave this summer, unless he is ready to waste the final year of his contract on the bench and leave for nothing next summer.

Follow oohtobeagooner on Facebook and Twitter for more latest Arsenal transfer news, injury news, team news and rumours.