Arsenal planning £35million move for James Rodriguez... but the out-of-favour Real Madrid midfielder favours deal with Inter Milan or PSG
The 28-year-old has made only seven appearances in La Liga so far this season, and is currently out injured with a knee injury sustained over the international break.
But despite Arsenal's surprise interest, James is keen to hold out until next summer after the Copa America, and also prefers a move to Italy or France over England, according to Spanish outlet ElDesmarque.
The report also details that Arsenal's offer of £35million falls short of the valuation of the player by Real Madrid president Florentino Perez.
Perez is believed to currently value the Colombian, signed for £63million in the summer of 2014 after a standout display at the World Cup, at a minimum of £42m (€50m).
Like the player himself, Perez is also keen to wait until the end of the season when James' value could go up with a strong showing at the Copa America.
Rodriguez has started just five matches in all competitions and has not played since October 22.