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Arsenal's bid to sign £60m-rated star James Maddison is 'OVER' after Leicester refused to budge on their demands as Gunners make Real Madrid's Martin Odegaard AND Lyon's Hossem Aouar their prime targets

Arsenal's pursuit of James Maddison is reportedly dead in the water, with the Gunners not seriously chasing the Leicester City star this summer.

The Gunners are in the market for a creative midfielder this window, with Martin Odegaard's return to Real Madrid following his loan spell leaving Mikel Arteta short of options.

Maddison has been strongly linked with a £60million move to the Emirates Stadium, although Brendan Rodgers has long maintained that the Foxes have not received any offers for their star man.

Arsenal's pursuit of James Maddison is said to be over due to problematic finances behind deal

And according to The Athletic, Arsenal are not seriously pursuing the Englishman this summer.