Arsenal Pulls Out of Bruno Guimarães Deal, Reportedly Misled

Arsenal's management is reportedly ready to abandon their pursuit of Newcastle midfielder Bruno Guimarães. Recent reports suggested the Brazilian had informed his current club of his desire to move to the Emirates and had agreed to a five-year deal with the London side.

According to "The Daily Telegraph," Arsenal was misled by Guimarães' representatives, who indicated that Newcastle would be willing to part with the midfielder for just over £50 million. The Gunners initiated negotiations with a £55 million bid in late June but were immediately rejected by the Magpies' management. Latest information suggests Newcastle is now demanding around £100 million for Guimarães, especially after selling Sandro Tonali and Anthony Gordon. Arsenal is reportedly unwilling to commit such a sum for the Brazilian, as per "The Telegraph." However, other sources indicate that the English champions are not giving up and are preparing a new offer for the Brazilian.