Arsenal are continuing to discuss terms with Celtic for left back Kieran Tierney.
The Scottish international is a key target for the Gunners this summer.
However, the Evening Standard indicates Arsenal are no closer to securing his transfer.
A second bid of around 25 million has still been deemed as not enough by Celtic.
The Scottish giants may accept the total amount, but would like more of the fee up front.
Arsenal are operating on a limited 40 million summer transfer budget.