Arsenal Transfer Rumours: Wenger Must Line Up Replacement for Andrey Arshavin

Russia's early success at Euro 2012 has put its captain, Arsenal wantaway star Andrey Arshavin, back on the map.

The 31-year-old forward got his wish with a loan back home to Zenit St. Petersburg in the second half of the season and wants to make the move permanent. According to Metro, ZSP is back at the negotiating table hoping to talk Arsenal into selling at a reasonable price.

According to the Daily Mail, Arsene Wenger has put an £8m price on his head. The Gunners paid £15m for him back in 2008 and are looking to fetch at least half of what they paid.

Zenit value their former scorer at only £5m though, and this could be a problem going forward. Fortunately for Arsenal, the Russian star's value should increase as Euro 2012 continues.

Although Arshavin hardly factored in for the North London outfit, Wenger will need to find a replacement for him in the side. According to another Metro report, that player could be Arshavin's Russian teammate Alan Dzagoev.

The 21-year-old attacking midfielder has a ton of experience in the Russian league and quickly made his presence felt at Euro 2012 with a brace in the opening game.

Metro does report, however, that they won't be alone in chasing the youngster's signature. Champions league winners Chelsea are reportedly in the chase for Dzagoev as well, and West London is infinitely more attractive following the Blues' victory over Bayern Munich last month.

Whether Dzagoev is the answer or not remains to be seen, but Arshavin is pushing his way out and Arsenal cannot waste any time finding a replacement. As Euro continues to offer a sample of particular players' talents, Wenger must act quickly once teams start returning home.