Arsenal are reported to have had an eleventh hour offer of £14million rejected by Liverpool for Spanish International Xabi Alonso.
Arsenal manager Arsene Wenger had been heavily linked with a move for the EURO 2008 winner all summer, along with the man the Anfield club had identified as the Spaniards replacement at the Reds, Gareth Barry of Aston Villa.
26-year-old Alonso had also been a target for Juventus and Turkish side Fenerbahce, where former Spain boss Luis Aragones is now the coach. However, there was no substance behind the Turkish rumours and La Vecchia Signora opted to sign Christian Poulsen from Sevilla instead.
This led to the Gunners making there last ditch bid to improve the midfield at the Emirates Stadium, but Liverpool have refuted the bid, with manager Rafa Benitez wanting more for the midfielder and being in no hurry to sell Alonso after skipper Steven Gerrard picked up an injury that will keep the England International out for a while.
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