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Reports in France suggest that Rabiot's asking price has been slashed as PSG try to offload the youngster rather than lose him on a free in 12 months time.

Rabiot's contract expires next summer and he can discuss terms over a free transfer with clubs from outside of France as of January 1.

PSG had reportedly quoted as high as £20m for the French midfielder but have now slashed that asking price in half.

The French champions had held lengthy discussions with Rabiot over a new deal but appear resigned to losing him and will now take what cash they can before he departs for nothing.

Gunners boss Arsene Wenger was coy over a move for the talented midfielder and kept his cards close to his chest when directly asked about Rabiot.

Speaking ahead of his Premier League clash with Leicester on Sunday Wenger said: "I just put one answer. I do not tell you."

Arsenal have already signed Alexis Sanchez, Mathieu Debuchy, David Ospina and Calum Chambers in this window but their pursuit of Rabiot could go down to the wire.