Arsenal were linked with a move for French international midfielder Adrien Rabiot, but were put off by his wage demands.
Rabiot is a free agent after leaving Juventus in the summer, but he is looking for a salary of ₤9 million and a signing=on bonus of ₤13 million.
As he is out of contract, he can still be signed by another club even though the transfer window is closed.
Manchester United still retain an interest in signing him.
The Gunners may also have been deterred by the prospect of dealing with his agent, who also happens to be his mother.
Veronique Rabiot has gained a reputation for her assertive personality and outspoken behavior, and is a notoriously difficult character when it comes to negotiations.
