Arsenal were knocked back in a bid to sign AC Milan wonderkid Manuel Locatelli in the summer, according to reports in Italy.
The 18-year-old was watched several times by Gunners chief scout Neil Banfield who liked what he saw, but according to Calciomercato, an offer from the Premier League side was rejected by the Rossoneri.
The deep-lying midfielder has drawn comparisons to Andrea Pirlo and scored for the Italian giants in their 4-3 win over Sassuolo earlier this month.
But Arsenal's hopes of landing the teenager have now taken a dent after Milan vice-president Adriano Galliani recently confirmed that the midfielder has signed a new contract that runs until 2020 at the San Siro.
Wenger admits Giroud gives him selection headache
In the video above, Arsene Wenger admits to having a selection headache following Olivier Giroud 's goalscoring return to the Arsenal team, writes MirrorFootball's Thomas Bristow .
The 30-year-old had been out for a few weeks with a toe injury and has struggled to regain match fitness since returning from Euro 2016.
But Giroud came back in style netting twice with his first two touches against Sunderland to help Arsenal secure all three points against the Black Cats.
Alexis Sanchez has recently occupied the central striker role for the Gunners, but Giroud's return creates a predicament for Wenger.
But Giroud insists he's "not Superman"
Olivier Giroud has played down his two-goal heroics as Arsenal romped to victory at Sunderland , reports MirrorFootball's James Whaling .
The Frenchman came off the bench to notch a double and help secure a 4-1 win for the Gunners at the Stadium of Light.
Fellow forward Alexis Sanchez also scored twice while Jermain Defoe had levelled the game at 1-1 from the penalty spot.
Despite a lopsided scoreline, Giroud insists it was far from easy on Wearside and played down his strikes, claiming he would be 'Superman' if he could replicate them every week.
Wenger: "It's a good feeling"
Arsene Wenger was shown the league table and admitted: “It is a good feeling.”
Arsenal are top of pile the for a few hours. The pressure is back on rivals. A moment to savour the feeling, but with the caution of a warning.
Here was Olivier Giroud scoring with his first two touches after coming on as a sub.
A devastating, match winning, three goals blast in just six minutes and 20 seconds.
Alexis Sanchez at the double to show the strike force was looking sharp... once Sunderland had briefly tweaked their tails.
“It is a good feeling to go first. At least you have one good day,” said Wenger.
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