The Gunners have agreed personal terms with the player, whom Madrid have tried to persuade to stay, but Higuain seems set on a move to Arsenal.
However the Londoners are refusing to meet Madrid’s asking price, after the Spanish side dramatically increased the fee for the player despite having previously indicated a deal could be done for a fee in the region of 25 million euros.
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.