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Arsenal Transfer News: Monaco 'Financially Safe' Amid Thomas Lemar Rumours

Monaco vice-president Vadim Vasilyev has revealed the club were able to turn down Arsenal's deadline day bid of £92 million for Thomas Lemar because of their strong financial position.

Per The Mirror's Martin Domin, he spoke to L'Equipe and compared their situation to when Monaco sold Anthony Martial to Manchester United two years ago:

"In 2015 we had to sell in order to meet [financial fair play] conditions, so it was more of an obligation. We are, currently, financially safe and sound.

"You sell when you think it's the right time.