Malaga have warned Arsenal that that they will not be forced to sell Santi Cazorla and any move would cost them over €20 million.
According to the MetroGunners manager Arsene Wenger has made Cazorla his number one summer target.
The Gunners boss had hoped to take advantage of the financial uncertainty that surrounds the club at present with a move for the 27 year old but looks set to have his advances rebuffed.
Malaga, who enjoyed a stellar season last season that culminated in a Champions League spot, have endured a difficult summer as the club’s Qatari owner Abdullah Ghubn tries to resolve a number of outstanding debts, amongst them a hefty tax bill owned to the Spanish government.
Such is their perilous position at present that the club faces the possibility of being relegated from the top flight and that has fuelled speculation that one of their a top players could depart this summer to help free up some capital.
However despite the uncertainty and Arsenal’s interest Malaga coach Manuel Pellegrini says he has no intention of selling the player, and especially not for the €20 million being quoted across Europe.
‘To sell Cazorla for €20 million would be to give him away. I don’t think the club intends to do that,’ Pellegrini told the Spanish press.
‘I’ve talked a lot with Abdullah Ghubn and with the Sheikh and this would not be representative of their mentality. It would send out the wrong signal ahead of our Champions League campaign.
“If significant offers come in for players they are worthy of consideration, but I don’t think Santi will be leaving for €20 million.’
The suggestion of a sum could mean that Malaga would be willing do business for a fee in excess of €20 million and could be an attempt to sound out Arsenal’s interest or spark a rival offer.