Arsenal have had a bid for Braga youngster Pedro Neto rejected, as the Gunners are linked with a move for Manchester City striker Sergio Aguero.
According to Portuguese newspaper A Bola (h/t Jack Staplehurst of the Daily Express), the Gunners have failed in a £13.2 million offer for the dynamic prodigy. Barcelona and Manchester United have been monitoring the winger who has a £17.6 million release clause in his deal.
The Blaugrana are expected to increase the stakes as they chase the 17-year-old Portugal starlet through the summer, per A Bola.