What I don't get is, if this guy is a Walsh target, and apparently he is as they're are news articles dating back to when he was still at Leicester linking Perez with them, he'd have known his release clause is €20m which is what Ornstein is saying how Arsenal have beaten us to the deal.
So why would we have gone in with €17m and not €20m?!
Think we did offer the 20m Euros, at any rate the deal with the club didn't seem to be the issue as they accepted both ours and (eventually) Arsenal's offers.
Stumbling block appears to have been that the player preferred Arsenal.