LEICESTER have rejected a new bid from Arsenal for highly-rated young defender Ben Chilwell, according to reports.
Chilwell has been the subject of two bids from the Gunners, with an improved offer being made yesterday in attempt to seal a deal before the January transfer window closes.
Website Football Insider claim a source has said the Gunners’ bid is worth £4million, including performance related add-ons.
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However, the Foxes have reportedly turned down the offer and have instead upped their efforts to keep hold of the 19-year-old.
It's understood Leicester will increase his wages from £800 to £8000 a week as part of a new deal, with his current contract set to expire next summer.
However, Chilwell may decide to sit tight and wait until the summer, by which time he will have just 12 months remaining on his deal and would be in a stronger position to force a move.
The England U20 international spent the first half of the season on loan at Huddersfield and has also been linked with moved to Tottenham and Liverpool.
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