Liverpool have reportedly seen their opening bid for Alex Oxlade-Chamberlain rejected by Arsenal. The Reds emerged as frontrunners to sign the England international overnight after the player reportedly turned down a move to Premier League champions Chelsea in favour of joining the Anfield outfit. However, the Evening Standard reports that Liverpool's opening bid of around £30m has been rejected by the Gunners, who are holding out for a £40m offer. Arsenal had agreed a fee which could rise to £40m with Chelsea before Oxlade-Chamberlain made his preference known, although Liverpool are looking to pay less than that due to the player's desire to join them. However, Arsenal are unwilling...
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