Arsenal have made an improved £8 million bid for Bordeaux striker Marouane Chamakh.
The Sun says the Gunners chief insisted he was no longer interested in the Moroccan international, 25, after an initial £6m bid was rejected.
But although Chamakh only has a year left on his contract, a Bordeaux insider said Wenger is in for a nasty shock as the French club is holding out for £10m.
The source said: "Bordeaux are in the driving seat now.
"Wenger blinked first so they know they have the psychological upper hand."