​The father of Valencia's Shkodran Mustafi has claimed that Arsenal are not the only side to be interested in striking a deal for the German defender.

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Reports have suggested that, contrary to previous rumours, Liverpool having absolutely no interest in signing the World Cup winning international, however Mustafi's father and agent, Kujtim, has indicated that there is more than one club looking to secure the services of his son.

Speaking to ​Goal.com, Kujtim suggested that "very soon you will know about the future of Mustafi", as well as advising that "two or more clubs are in negotiations", with further reports also suggesting that several other unnamed European sides are also in talks with Valencia.

The 24-year-old has been speaking with the Gunners for several weeks now, and it was believed that both parties had agreed personal terms for the player, with Mustafi verbally indicating that he would like to join the North London outfit.

However, it has been reported that the stumbling block that has caused this deal to stall is the valuation of the player, with Arsenal unwilling to meet or increase passed Valencia's £30m price tag, as the Premier League side were initially keen to secure the deal for around the £26m-£28m mark.

As a result, other clubs appear interested to gate-crash the deal, with Mustafi now keen to leave Valencia during this transfer window, while the club have also revealed that the defender needs to leave in this window in order to balance the financial situation at the club.

Arsenal will be desperately looking to push this Mustafi deal over the line however, as their defensive crisis deepens with the absence of first team defenders Gabriel Paulista and Per Mertesaker for several months, with the latter out until the new year.