​Torino have confirmed that they received a bid of €65m from Arsenal for striker Andrea Belotti, but appear to have turned it down.

The 23-year-old Italian recently signed a new contract with the Serie A club that includes a €100m release clause.

Belotti has scored 13 goals in just 16 games for the Turin side, and his goal scoring exploits have attracted the interest of numerous clubs, including Arsenal.

And Torino director of sport Gianluca Petrachi has admitted that the Gunners put in a bid for the forward, but added that it doesn't match the asking price.

“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.

FC Torino v Juventus FC - Serie A

“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.