Arsenal are reportedly being forced to reconsider their £15m valuation of left-back Kieran Gibbs after it was branded "unrealistic" by his potential suitors.
The 27-year-old is one of a number of players set to be shipped out by manager Arsene Wenger this summer as he oversees a squad overhaul and a significant spending spree.
According to the Evening Standard, Gibbs is of interest to Watford and Stoke City, as well as newly-promoted pair Newcastle United and Brighton & Hove Albion, but none of them is prepared to meet Arsenal's £15m asking price.
The England international has just one year remaining on his Gunners contract and pockets £60,000 a week, a salary that he hopes to increase should he seal a move away from the Emirates.
Gibbs, who has been with Arsenal since the age of 14, made just eight Premier League starts for Wenger's side last season.