According to Dharmesh Sheth, who Football Park rank as a tier two source, Arsenal have rejected bids from both Crystal Palace and Fulham for Emile Smith-Rowe.

BREAKING: Arsenal reject bids from Fulham & Crystal Palace for forward Emile Smith Rowe.
Discussions ongoing at both clubs over whether to go back in with improved offer. Smith Rowe wants to assess all options – regular first team football is primary motivation. #AFC #FFC #CPFC

— Dharmesh Sheth (@skysports_sheth) July 15, 2024

Both clubs have had long standing interest in the player, who has lost his starting role for the Gunners over the past few seasons. Fulham are looking to replace Willian, who turned down a new contract with The Cottagers; while Palace are trying to replace Michael Olise who has moved to Bayern Munich.

It’s thought that both bids were in a hopeful region of £25 million, while Arsenal are hoping to receive around £35 million for the midfielder. Smith-Rowe is highly rated by The Gunners, who handed him the number ten shirt when Ozil departed, but a series of injuries has kept him out of the starting line-up.

The 23-year-old scored 11 goals across the 2020/21 season, but hasn’t scored for Arsenal since.

Fabrizio Romano, a tier one source, has also jumped in on the action. He’s reporting that Fulham are considering a new bid for Smith-Rowe, who is one of Marco Silva’s key targets, and are prepared to invest a chunk of the money they received for Joao Palhinha.

⚪️⚫️ Fulham had initial bid rejected for Emile Smith Rowe, now considering to return with new proposal to Arsenal.

He's considered one of the main targets with Fulham prepared to invest part of the budget they got from the Palhinha deal... but it depends on Arsenal. pic.twitter.com/fMNWNBAAAK

— Fabrizio Romano (@FabrizioRomano) July 16, 2024

Arsenal are also hoping to receive a huge fee for forward Eddie Nketiah, who Fulham reportedly hold interest in.