Arsenal manager Arsene Wenger denied the club have made any offer for Monaco star Kylian Mbappe, after a report suggested a £100m bid had been made.
The 18-year-old forward, regarded as one of Europe's hottest prospects after banging in 26 goals in 44 appearances for the Red and Whites in 2016/17, is now expected to stay with Monaco, according to Wenger.
The veteran French manager made it clear the Gunners have not tabled any offer for the France international, and expected him to stay at the Stade Louis II for the 2017/18 season.
He told reporters after Arsenal's 3-1 pre-season victory over Australia's Western Sydney Wanderers at the ANZ Stadium on Saturday, "That's not true. People have a big imagination.
"What we know now is that Mbappe is over £100m and after that it's free to imagine what you want. We have not made any offer. I think he will stay, it looks like that. One more season. Maybe he has too much choice. In the end, people don't move."