Arsenal have been dealt a £19 million blow in their chase for Barcelona wonderkid Munir El-Haddadi.
The Gunners had identified the young Barca star as a potential signing, especially because of his £9 million release clause in his contract.
That deal undervalued a player who has been tipped to be reach the same heights as stars like Lionel Messi.
However, the north London side have had some bad news in their chase for the Spanish international, who was capped for the first time in September.
Munir renewed his contract with the Spanish side earlier this week, increasing his release clause to a staggering €35 million, as reported by the Daily Express.
— barcastuff (@barcastuff) December 10, 2014
This means that Arsene Wenger’s side would have to stump up £28 million for the player, almost certainly too much of a risk for a player who has not yet proven himself at the highest level.
Munir has scored one goal in six appearances for Barcelona this season, and was also chased by the likes of Chelsea.
His new deal did not extend the length of his contract, just increased the release clause, showing Barca’s fear over a predatory side stealing one of their hottest young talents.