Personally I think if we get an offer of 10m plus then it gets difficult as we could get a quality replacement for Stephens and have 2-3 million left over to add to our budget for a number 10.
Problem is getting the right replacement within 48 hrs is a huge gamble,
That would be a huge fee for a player with 1 year of his contract left to run - but totally agree they're way off the mark with 5.5m. Hopefully he can be persuaded to stay and then be playing for us in the PL next season.