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Arsenal’s £40 million bid for Benzema was rejected by Madrid, with Real Madrid president Florentino Perez reportedly saying that the figure was embarrassing. Perez still considers Karim Benzema to be one of the best strikers in the world, and will only sell the Frenchman for a significantly higher fee.
Karim Benzema has been linked with Arsenal in the past and Wenger has expressed his admiration for the French striker publicly. Wenger will need more than words to sign the striker, and Arsenal will have to return with a better offer if they have any hope of signing him. Luckily for Arsenal, Madrid has shown an interest in signing Alexis Sanchez and the Chilean could be used as a bargaining chip.