London - English Premier League side Arsenal have reportedly denied making £56m offer for Torino striker Andrea Belotti.
The Serie A club's sporting director, Gianluca Petrachi, told Sky Italia they had received a bid, but it was well below their asking price for the 23-year-old Italy international.
Petrachi said: "We received and refused a €65m (£56m) offer from Arsenal for Andrea Belotti, but it does not reflect the value of the player.
"Anyway, he is going nowhere for now. We want to enjoy him, then we'll see what happens.
"We intend to keep Belotti and president Urbano Cairo signed this important buy-out clause. I think he's worth more than they have offered."
But, according to Sky Sports News HQ, a club insider revealed that no bid had been lodged for Belotti, who has scored 17 goals in 21 matches for club and country this season.
Belotti joined Torino from Palermo in August 2015 and is contracted to the club until 2021.
The Torino officials may be attempting to raise the asking price for their prolific striker by starting a bidding war. As Wenger has a number of attacking options having just signed Lucas Perez along to go with fellow attackers Theo Walcott, Olivier Giroud and Alexis Sanchez.