Kieran Tierney is set to stay with Celtic this summer after both Arsenal and Napoli walked away from a deal to sign him, according to reports.

The Daily Mail in Scotland on Tuesday report in an exclusive that Tierney is set to stay in the SPL after both clubs pulled out of negotiations on Monday night.

Arsenal had submitted two official bids for Tierney, the second of which met Celtic’s £25m valuation, but only if you included add-ons.

Celtic were only willing to sell for a guaranteed fee of £25m, with much of that upfront. It appears Arsenal were unwilling to meet those demands, and a deal for the player is now described as ‘dead in the water’ by the Mail’s sources.

Unai Emery and the Raul Sanllehi’s transfer team had prepared a third offer, but they appeared to perform a last-minute U-turn on Monday.

Neil Lennon said of the deal (via Sky Sports): “It’s as you were really. I’ve had no information other than there was two bids that came in from Arsenal that were rejected.

“There has been no further inroads into that really. Our valuation of Kieran wasn’t met and it’s as simple as that. You will see other transfers not going through because valuations haven’t been met. It’s not a case of Arsenal being disrespectful.

“They put a bid in that they valued the player at. They came back again and obviously see Kieran as a very good player, as we do. But on a long-term contract, we’re in a very strong position when it comes to Kieran.”

It isn’t quite all over yet for Arsenal’s pursuit of Tierney. The most reliable sources on the story so far this summer have been The Scottish Sun and David Ornstein, and neither have officially confirmed the move is off just yet.

It seems only a matter of time at this stage though.