The Gunners had hoped to launch a bid the for highly rated Porto striker this month but the Portuguese club will hold out for a summer offer from the Spanish giants

Real Madrid have dealt Arsenal a blow in the race to sign Porto striker Andre Silva, according to the Daily Star.

The Gunners had hoped to finally secure the signing of a top-class striker by bringing in the highly rated 21-year-old for £20 million.

But Porto believe Madrid hold a genuine interest in their latest prodigy and instead plan to hold out until the summer transfer window – when the Champions League holders’ transfer ban ends – in the hope of bringing in more cash.


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