Arsenal's £16.9m bid for Lucas Perez deemed 'unacceptable' as Deportivo La Coruna reject Gunners' attempt to pay transfer fee in two instalments

Arsenal have been told that the structure of their£16.9million bid for Lucas Perez is 'unacceptable'.

Arsenal want to pay the 27-year-old striker's buyout clause in two instalments but his club Deportivo want the fee in one payment.

The impasse will give Everton hope in their pursuit of the player but it is understood Lucas's preference is to join Arsenal owing to the prospect of playing Champions League football.