Arsenal were the only top flight club in the major European leagues not to sign an outfield player – with Petr Cech their sole acquisition – and their attempts to loan, as opposed to outright buy, the 24-year old didn’t go down too well in Moscow.
“There were substantive discussions on Kokorin, but it didn’t happen," said Dinamo coach Andrei Kobelev, in quotes published by sportsdaily.ru.
"We vetoed a loan. I believe that Sasha deserves more than a loan."
Meanwhile, his agent Kirill Loginov suggested that the loan move failure didn’t mean the end of the Gunners’ chances of grabbing the Russian hotshot.
“Aleksandr, if all well informed, still has a chance [to move in the future] and not just to Arsenal.” he said.
"If Dinamo refused to give Aleksandr to Arsenal in the past transfer window, it does not mean that he can’t be where he wants [in the next window]. There was a proposal [from Arsenal to Dinamo], it was examined and refused."
The news is unlikely to go down well with Arsenal fans, many of whom think the club missed a great opportunity to establish themselves as title contenders by failing to strengthen enough this summer.
Given Kokorin’s quality and importance to Dinamo, a loan move was never likely to be accepted and it appears to be the latest in a string of strange transfer ploys by Arsene Wenger in recent years.