Arsenal have rejected a €10m bid from Serie A side Roma for winger Henrikh Mkhitaryan, according to reports in Italy.

The Rome team are keen to make the Armenian’s current loan spell at the club permanent, but their first offer has fallen short, with Arsenal rejecting the €10m bid.

The right-sided midfielder has impressed in patches during his time at the Italian side, but he hasn’t been able to solidify a regular starting spot in the side, making only eight appearances so far this season. He has shown glimpses of what he can offer Roma though, scoring three times and assisting once.

With Arsenal under new management, Mikel Arteta may be keen to keep the Armenian after his loan spell in Italy expires, however this remains unclear.

Roma may look to extend Mkhitaryan’s loan spell, and also add an obligation to buy the 30 year old, however the winger’s extortionate wages may play a part in this side of the deal.

Mkhitaryan seems to have the backing of Roma manager and looks to be settling in well in his new surroundings, having already learnt to speak Italian.

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It would probably work out for the best Mkhitaryan to make the move to Roma, and away from Arsenal, as it is clear that his time at the Emirates is up.

Mkhitaryan seems to be settling in well at Roma, and if a deal was to be made, it would be the best choice for the Armenian international to join the Serie A outfit.

However, Arsenal can’t just sell the forward on the cheap and in a world where huge transfer fees are commonplace, €10m feels far too cheap so it’s no surprise that the Gunners are holding out for more.