Torino have confirmed that they received a bid
“Yes, we received the offer, but it does not reflect the value of the player,” Petrachi said when asked about interest from Arsenal - via Football Italia.
“Anyway, he is going nowhere for now. We want to enjoy him, then we’ll see what happens.
“We intend to keep Belotti and President Urbano Cairo signed this important buy-out clause. I think he’s worth more than they have offered.”
Reports in England have suggested that Arsene Wenger was more likely to move for the Italy international in the summer, although it seems Arsenal are keen to bring him in.
Torino's reluctance to sell could prove detrimental to Arsenal's efforts, although it's unclear as yet whether the player would be interested in a move to North London.