Watford 'walk away from deal for Arsenal defender Kieran Gibbs'

Watford have reportedly withdrawn their interest in Arsenal defender Kieran Gibbs.

The Hornets recently agreed a fee with the Gunners, who are attempting to offload a handful of fringe players this summer.

Gibbs has made 230 appearances for Arsenal since coming through the club's academy in 2007, but in recent seasons he has struggled to earn a first-team spot under manager Arsene Wenger.

It seemed as though a move to Watford was on the cards, but according to Sky Sports News, the Premier League outfit have pulled out of a deal after failing to agree personal terms with Gibbs.

Reports earlier this month indicated that a number of players on the transfer list are unwilling to take a pay cut.