According to the Mirror, Manchester City FC have matched Zenit St. Petersburg's asking price for the 27-year-old striker.
Andrei Arshavin was reported to have flown into London last week amid speculation he was poised to join Arsenal.
However, City are now reported to be in pole position, as Arsenal's valuation is around £3 million less than Zenit's asking price.
Also, Arsenal are crying over Arshavin's wage demand of around the £85,000-a-week bracket.
Contracts can be quite technical, so I don't see why City cannot offer Arshavin that wage demand on one condition, £60,000 a week with bonus on performances for the first year. "Prove you're worth that, my son," I'd say.
News of the World are reporting Manchester City FC are preparing a bid for Chelsea FC's second-choice goalkeeper Carlo Cudicini, should Newcastle United FC not drop their asking price for Goalkeeper Shay Given.
The Mail on Sunday reports that that Mark Hughes is set to put in an offer for Sporting Lisbon holding midfielder Veloso and has also looked at Central Defenders in Holland.
Now the Transfer window looks better, with no Craig Bellamy or Scott Parker.