It had been reported that Arsenal had a bid of around 10.6 million pounds, accepted by Lille. Well, according to Inside Futbol, that bid was rejected which is the reason for the delay in sealing the transfer. Lille want an offer closer to their 15 million pound valuation. The report also states that talks are still ongoing between the two clubs. I honestly don't blame for Lille demanding more money, as Gervinho is one of their star players, has been excellent for the past two seasons, and is highly rated by many. If the report is true, the Gunners need to pay up and hopefully Gervinho will soon become a Gunner.
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