Spanish He will not lower his asking price for the goal keeper Juan Garcia amid renewed transfer interest from Arsenal.
The Gunners have been tracking Garcia for over 12 months as the Premier League side look for an experienced back-up option for David Raya.
Raya is the undisputed No.1 at the Emirates Stadium, and that could influence Garcia's willingness to make a move, despite Espanyol's relegation battle.
According to reports from the Daily MirrorEspanyol will not accept anything less than Garcia's €25 million release clause, with the ball now back in Arsenal's court.
Brazilian veteran Neto is not expected to turn his current loan deal into a permanent move in 2025 with Garcia the preferred option.
Espanyol have already been eliminated from the Copa del Rey, so they will benefit from an extended winter break before hosting Leganes on January 11 on his The League come back.
The Catalans are currently 18th in the table with a distance of one point from safety.
