Formal bid for Gervinho rejected

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.

Lille offer Gervinho new deal in bid to stop Arsenal move

Arsene Wenger looked set to loosen his purse strings with a £12million bid for the Ivory Coast star but the Ligue 1 champions will not be losing their main man without a fight.
Lille general manager Frederic Paquet - who earlier this week revealed talks between the two clubs over the 23-year-old were at an "advanced stage" said: "We are in negotiations with Arsenal over Gervinho.
"We received an offer from London and although our intention is to offer a new contract to our striker we will talk to Arsenal."
Gervinho played an instrumental role in Lille's double-winning campaign, scoring 18 goals and providing 10 assists in all competitions but his exit could help secure the services of the highly coveted Eden Hazard.