Arsenal ready £14.6m bid for want-away Valencia defender

Arsenal are ready to step up their chase for Valencia defender Jose Luis Gaya after he is believed to have rejected a contract extension at the club, according to reports from the Metro.

The 19-year-old is also being tracked by European champions Real Madrid and is said to be listening to offers in order to be given an exit route.

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He has been in negotiations with the La Liga side the past few weeks, but with contract talks now sitting at a standstill, manager Arsene Wenger is ready to persuade him to the Emirates.

The left-back is said to be worth around the region of £14.6million, but the Gunners will need to consider decent wages if they are to compete with Madrid for his services.

Luis Gaya has been a key member for Valencia throughout the campaign, rising through their youth ranks and has already featured 33 times in all competitions, scoring two goals.