Some press reports confirmed that Bologna defender Riccardo Calafiori is on the verge of moving to Milan after he was close to joining Arsenal.
Reports indicated that Bologna decided to freeze negotiations with Arsenal after they failed to reach an agreement on the financial compensation.
Arsenal reportedly tried to bring players into the negotiations without success, with the player moving closer to Milan.
These sources also revealed that Bologna requested an additional 10 million euros on top of Arsenal's current offer of 40 million euros, which was rejected by the English club, which hinders the completion of the deal at the present time.