Arsenal and Borussia Dortmund had reportedly agreed a fee of £13m for the player (Picture: Getty)

Arsenal have missed out on a deadline day move for Real Valladolid star Ivan Fresneda, according to reports.

Both the Gunners and German club Borussia Dortmund had reportedly agreed a fee of £13m with the La Liga side for the 18-year-old right-back.

Fresneda has become a regular for Valladolid this season with his performances attracting the attention of Arsenal boss Mikel Arteta as well as Dortmund, who believed they could have offered a more direct route in the first-team.

Both sides suffered a setback recently when Fresneda indicated that he will be staying at Valladolid – although he may have been referencing the fact that he would have be loaned back to the club for the remainder of the 2022-23 season – which is a clause the Spaniards were eager to include if they agreed to a sale.

Earlier on deadline day, it had been thought that a late deal was still possible, but fresh reports now indicate that the race for Fresneda is now over with Valladolid rejecting a loan bid and the player more likely to leave in the summer instead.

Arsenal had been looking for cover at right-back with Cedric Soares heavily linked with a move to Fulham – although that deal may now also fall through over the player’s wage demands.

Ben White has regularly been deployed down the right this season by Arsenal and they also have Takehiro Tomiyasu in their ranks.

Arsenal, meanwhile, have made two signings this month to strengthen their title bid with the Gunners five points clear at the top of the Premier League with a game in hand over second-placed Manchester City.

Jakub Kiwior sealed his move to the Emirates from Italian side Spezia in a deal worth £20m.

The north London club also brought in Leandro Trossard in a £27m deal from Brighton and are expected to secure the arrival of Jorginho from Chelsea.

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