Crystal Palace boss Roy Hodgson insists that Arsenal are not even close to signing Wilfried Zaha.
The player is reportedly keen on a move to the club he has supported since he was young.
However, Palace have a very high price set for Zaha, given they would have to pay part of the fee to Manchester United in the event he is sold.
He said to reporters: "I don't think Arsenal have actually made a bid that has come anywhere near our valuation.
"I'm sure the player realises that if someone's going to take him away from us, he'll expect clubs to pay the market value.
"Until someone does that, there's not much to discuss regarding Wilf."
