Real Valladolid sporting director Fran Sanchez insists the club have not received any offers for Ivan Fresneda.

Arsenal are the club being closely linked to the youngster.

The source states that the 18-year-old has already been discussing personal terms with the Gunners.

Newcastle United and Borussia Dortmund are also in the hunt for Fresneda.

Valladolid, however, want to hold onto the player until the summer at the very least.

Speaking to Diario AS, Sanchez said: “(Fresneda) has aroused the interest of many teams, but we have not received an official offer, but it is true that several clubs have contacted us and that interest of many clubs is real, but there is no official offer.

“We are not desperate trying to sell the player"