Arsenal are pushing to sign 16-year-old Leicester attacker Jeremy Monga, and the story has firm momentum. Personal terms are understood to be agreed, and Monga himself is keen on the move. Arsenal have sent an official bid, but Leicester have rejected the opening offer. The sticking point is price, not desire: the fee under discussion ranges from £18.1m to £25.5m, against a market value of around £13m. Brentford lurk as a fringe rival, but this is Arsenal's to finish. The sourcing here is strong. The rejected first bid was reported by BBC Sport and carried as an exclusive by Sam Wallace, both highly credible voices. Fabrizio Romano adds that Arsenal have lodged an official bid with optimism the deal gets done, while The Athletic — the most credible source on file — frames it as active negotiation without a deal yet struck. This is well-corroborated across multiple reliable reporters, not a thin single link. The 68% figure means this is likely to complete, but far from a formality. For it to land, the two clubs must close the gap between Leicester's valuation and Arsenal's offer. What holds it back is exactly that: a rejected bid and no agreement between clubs. With personal terms settled and the player pushing, the remaining hurdle is purely money — which is why the number sits firmly on the likely side without being a certainty. The fee is in keeping with Arsenal's recent recruitment. They paid Celtic £23m in 2019 and Lille £22m in 2020 — both within or near the bracket being discussed here. Watch for Arsenal's next, improved bid. An accepted offer, or a medical being booked, would tip this from negotiation to done.