**_Valencia have reportedly turned down Arsenal's second offer for Cristhian Mosquera._**
Negotiations between the two clubs are ongoing, with the 21-year-old keen on joining Mikel Arteta's side this summer.
Recent reports suggested that Arsenal were preparing a second, improved bid for the Spain international — and it now appears that offer has been submitted.
According to **_[Valencia-based journalist Héctor Gómez](https://x.com/generaldepie_/status/1940733109441646800?s=46)_**, Arsenal's second offer has been rejected.
The bid is believed to have been just over €10m.
Valencia remain intent on extending Mosquera's contract, but are prepared to sell if they receive a minimum of €20m.