The North London outfit Arsenal have been ruled out of a move for Liverpool target and French Ligue 1 outfit Lille forward Nicolas Pepe ahead of the coming summer transfer window.
Nicolas Pepe is still available for sale in the coming summer window but the price that has been pegged for him makes the Gunners out as they might not be able to meet with the fee.
The Ivory Coast international has been in great form so far this season as he has won the attention of a number of top European sides in England and Spain which makes it almost impossible to remain at the Ligue 1 outfit in the coming season.
The Reds team were in the race for Nicolas Pepe but they are no longer favourites because of the many offers that are lined up for the star player with La Liga side Barcelona also keen on his signature.
However, it has been reported that Arsenal have been priced out if the move to secure the signature of the forward as a result of their small budget.
It has already been hinted that the Gunners boss Unai Emery will have just £40 million to land new faces in the summer window.