Neil Lennon insists Celtic are in a "strong position" to retain Kieran Tierney after Arsenal were rebuffed in their pursuit of the defender.
The Gunners lodged two bids - the second worth up to £25million - for the Scotland left-back but saw both dismissed by Parkhead chiefs.
Reports on Tuesday say the Premier League big guns are now ready to turn their attention elsewhere, and Lennon hopes that will be the end of the matter.
The Hoops boss said: "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."
