The Gunners thought they would finalise a deal to sign Higuain this week.
Arsenal are worried that Real Madrid could raise their asking price for striker Gonzalo Higuain following comments made by Real president Florentino Perez, the Sun reports.
Arsenal thought that they were going sign Higuain for a club record £23 million this week but Perez said last night that Real hadn’t even received an offer from Arsenal for Higuain.
These comments are said to have stunned Arsenal’s hierarchy as the club were willing to meet Real’s valuation for the striker.
Real don’t want to let Higuain go and could be stalling so that the striker has a change of heart about leaving the club.
New manager Carlo Ancelotti believes that their is a place in Real’s squad for Higuain and could be trying to talk the Argentine out of leaving the Bernabeu.
Higuain told the media after Real’s last game of the season that he wished to leave the club and Arsenal have been favourites for the Argentine’s signature ever since Juventus signed Carlos Tevez.
The Italian Champions were interested in Higuain but have signed Tevez, meaning they no longer need another striker.
Arsenal will hope that Real keep to their word and the signing of Higuain can be confirmed later this week.