Arsenal have not yet made a bid for Wilfried Zaha that is "anywhere near" Crystal Palace's valuation of the forward, according to Eagles manager Roy Hodgson.
Earlier this month, Sky Sports News reported Arsenal made a £40 million bid for Zaha, but Palace are not open to selling the 26-year-old and value him at £80 million.
Speaking after Palace's 6-2 pre-season win over Barnet on Tuesday, Hodgson confirmed the Gunners are a long way off tabling a bid that Palace would consider, per Adam Goodwin of Sky Sports:
"I don't think Arsenal have actually made a bid that has come anywhere near our valuation.