Arsenal have rejected an opening offer from Wolves for Ainsley Maitland-Niles.

Sky Sportssays the Molineux outfit lodged a bid of £15m, but the Gunners are seeking at least £20m.

Mikel Arteta is prepared to part with Maitland-Niles in order to raise funds for other signings.

The 22-year-old, who can operate in midfield and defence, is also open to a move.

Tottenham have also been linked with the Englishman.