Arsenal have had a €100million euro (£87million) bid for Kylian Mbappe rejected by Monaco.

The offer is the third turned down already this summer by the French champions, including a world-record fee of €120million (£105million) made by Real Madrid.

A third big club has also been thwarted and although sources would not confirm the identity there has been interest in the precocious teenager from all of Europe’s superpowers.

Those include Manchester United, Manchester City, Chelsea, Bayern Munich and Paris Saint-Germain. Mbappe is from Paris and the club regard him eventually returning to the city as ‘coming home’.

Monaco are determined to keep Mbappe during this transfer window but given three huge offers have been made already – with the possibility of higher bids to come – they face a fight. However given they have flatly rejected such extraordinary bids already it shows their resolve is genuine. They also hope to end the interest by agreeing a new contract with the striker. Monaco insist they will not sell Mbappe now.

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The news of Arsenal’s bid for Mbappe broke on L’Equipe’s television station on Thursday night and senior sources in France have now confirmed to Telegraph Sport that the bid was made, with Arsene Wenger wanting to make Mbappe the centre-piece of his team.

Reports of Arsenal’s bid were met with scepticism, especially in the wake of Wenger signing a new two-year deal at the club, but the offer is not just an effort to appease disgruntled fans with a show of ambition.

Given Real made a bigger offer, the value of Arsenal's bid may appear surprising, but it could be that Arsenal have structured their deal differently. They might also be hoping that they are a more attractive option for Mbappe and his development as a player given he is still just 18. Also it is felt that although Real want him, there is no obvious place for him to fit into their team.

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Monaco have given no indication whatsoever that they may be willing to negotiate if a bigger bid is made and are not inviting one. Mbappe is also not agitating for a move after his amazing breakthrough season that alerted the whole of Europe, with Monaco winning the French league for the first time in 17 years and reaching the semi-finals of the Champions League.

Arsenal’s interest in Mbappe would also raise questions as to whether or not they believe they can persuade Alexis Sanchez to stay, with the Chilean also in demand. As things stand Bayern Munich appear the favourites to sign him with PSG, Chelsea and Manchester City also in the running although there are strong suggestions that Arsenal will not sell even though he has only has one year left on his contract.

Monaco are braced for a number of bids for their young players but want to ensure they do not sell too many this summer. They have sold play-maker Bernardo Silva to City for £43million, with Pep Guardiola also wanting full-back Benjamin Mendy although no agreement has yet been reached. Chelsea are in talks to acquire midfielder Tieomoue Bakayoko who is also wanted by other clubs.