Turkish giants Galatasaray have submitted an offer to sign Arsenal defender Shkodran Mustafi this summer, before the European transfer window closes at the tag-end of August.
Galatasaray need a revamp-look in their squad, ahead of their new league campaign, and their defence particularly, needs to be tweaked and modified.
The Turkish outfit want the German international on loan, according to the Fanatik, but their loan bid for the defender appears to have fallen a few euros short of the Gunners asking fee.
The north Londoners rejected the Turkish giants loan offer for Mustafi and expressed that they will not listen to further offers from the club, unless subsequent bids are in the region of £22.3 million.
In addition to that, the Gunners want to offload the defender on one condition–a permanent deal to join the 21-time Super Lig winners.
The Istanbul outfit are under intense pressure to balance their books, after floundering Financial Fair Play rules, and face threats of being eliminated from Europe’s elite competition, the Champions League.
But meeting the Gunners demands for the 26-year-old, has been turned down by the Istanbul club.
Galatasaray will not budge, and are unwilling to splash that sum on Mustafi.
Mustafi still has three years left on his contracts at the Emirates, and has been earmarked as a first-team candidate under new boss Unai Emery.
The 26-year-old registered 38 appearances in all competitions for the Gunners last season.