A report from Peterborough claims Arsenal are at the head of the queue for Manny Fernandez, with Rangers responding by placing a hefty price on the defender.
Arsenal are reported to be leading the chase for Emmanuel ‘Manny’ Fernandez, the 24-year-old Rangers defender whose rise since leaving Peterborough has now apparently placed him on the radar of clubs in England and Germany.
According to the Peterborough Evening Telegraph, Arsenal are at the front of a group of interested sides that also includes Everton, Chelsea, West Ham United, Bayer Leverkusen and Borussia Dortmund.
The report says Rangers have responded by placing a £35m valuation on the defender, a figure that would set a new record for a Scottish sale.
That would represent a huge fee for a player who joined Rangers from Peterborough for £3.5m last summer and is still only valued at €9m, but it would reflect the length of his current contract, which runs until 2029.
Peterborough are said to hold a considerable sell-on clause, which would leave them well placed to benefit from any major move, especially as he is now a full Nigeria international.
Fernandez has scored six goals from his position as centreback in 27 appearances this season. He can play of the left or right and can also turn his hand at right-back.