Arsenal have reportedly failed with their opening approach for Leeds United winger Raphinha.
At a time when Arsenal were said to be on the brink of signing the Portuguese, reports emerged that they were also preparing to make a formal bid for Raphinha.
Leeds have since responding by rejecting the offer out of hand, the bid said to be significantly below the valuation set by the Yorkshire giants.
Barcelona are long-term admirers of the Brazil international and the 25-year-old is said to regard a switch to Camp Nou as his preferred outcome.
As it stands, however, that appears unlikely to materialise due to Barcelona's ongoing financial issues, the report adding that Chelsea are also ahead of their city rivals on Raphinha's list of most-wanted destinations.
The report cites the reasons as being that Chelsea are playing in the Champions League and are better equipped to challenge for silverware.
Raphinha, who has two years remaining on his contract, has contributed 17 goals and 11 assists during his 66 appearances in all competitions.
The most recent of those strikes came on the final day of the Premier League as Leeds secured survival with a 2-1 triumph at Brentford.
Had Leeds been relegated to the Championship, a release clause of €25m (£21.5m) would have been activated in his contract.