Arsenal told Valencia's Shkodran Mustafi will cost staggering £50mln

PanARMENIAN.Net - Arsenal manager Arsene Wenger has been quoted a staggering £50million for Valencia defender Shkodran Mustafi, The Daily Mirror reports.

And the Spanish club are trying to drive a hard bargain with Arsenal to raise enough cash to launch their own bid for Chelsea’s Spanish winger Pedro.

Gunners boss Wenger decided to walk away from Mustafi because of the price but the deal could be rescued because Valencia need the cash.

Arsenal’s transfer fixer Dick Law has gone to Spain to try to broker a deal, with Mustafi still their No.1 target but Wenger is looking at other options.

West Brom’s Jonny Evans is also on their radar but Tony Pulis has kicked up a stink and does not want to sell at any price.

Arsenal have also enquired about Atletico Madrid’s Jose Gimenez but again have been scared off by the price.

Arsenal are left hoping that Valencia bring down their price and their pursuit of Pedro - who has struggled to settle at Chelsea - may then help the Mustafi deal.

Wenger is prepared to offer Mustafi a four year contract while Arsenal may go above £25million for the German international center half.

Valencia’s director of football Jesus Garcia Pitarch is due in London to have talks with Chelsea and Pedro in the hope they can do a deal.