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Both Inter and AC Milan have been closely monitoring Fabregas' situation at Arsenal.
Inter's president Massimo Moratti has shown serious interest in signing Arsenal's talismanic captain for the past two summers. The club will be looking to dethrone their city rivals and reclaim the Scudetto next season. Inter are always looking to bring in top-quality players, but with an aging side, the 24-year-old would be a young and talented addition to the squad.
With Wesley Sneijder being heavily linked with a move to Old Trafford, Moratti will be looking for a natural replacement in midfield. If the Dutch playmaker leaves the Italian club, Fabregas would immediately become Inter's top priority and No. 1 target for the summer.
Although AC Milan have reportedly been priced out of a move for the midfield maestro, vice president Adriano Galliani has proven he can pull off the unexpected. With playmaker Andrea Pirlo leaving for Juventus, Milan are looking for a replacement on the left side of manager Massimiliano Allegri's three-man midfield.
While both Milan clubs have money to spend during the transfer window, it is unlikely that either have the finances to pay all of the Spaniard's £50 million price tag. Therefore, the two Italian giants will be looking to acquire Arsenal's midfield maestro in a £20-30 million cash-plus-player deal. Wenger would prefer to have the full transfer fee to purchase his own players, however both clubs have serious makeweights that can help the Gunners next season.
Inter would probably edge out their city rivals as the strongest Italian candidate to acquire Fabregas. Samuel Eto'o has been the man rumored to be used in the cash plus player deal for Arsenal's midfield maestro. With Nicklas Bendtner on his way out of, the Cameroonian striker would be a great acquisition for a side that lacks quality upfront.
With his impressive displays at Barcelona and Inter, Eto'o has emerged as one of the elite strikers in world football. Not only can he find the back of the net, but the Cameroonian has a relentless determination and will to win.
Eto'o was exceptional out on the left for Mourinho's treble-winning Inter side, and he has been deadly as a traditional striker this season with 37 goals in all competitions. Inter's leading goal scorer would bring much-needed experience to a youthful Arsenal side. Eto'o is a proven winner, and with his versatility along the frontline, he could form a deadly partnership with Robin van Persie.
If Inter are prepared to offer £20-30 million and Eto'o for the Arsenal captain, Wenger should sell the midfield playmaker. The Cameroonian is a world-class talent, and with his goal-scorer prowess and all-around play, he could return the Gunners to their title-winning ways. The cash will allow the Frenchman to bolster his defense as well, making this offer too good to turn down.
Although Inter are more likely to capture the Spaniard, Milan have both the star and youth players to tempt the Arsenal manager. The Italian champions would also bid roughly £25 million, but the fee would fluctuate depending on the players involved in the deal.
Ibrahimovic was rumored to be a makeweight for Barcelona's bid to land the Spaniard last summer, and the imposing Swede could still play a role in the Fabregas transfer saga.
The tall swede has been on loan at Milan this season, and the club have the option to purchase the player for €24 million. Ibrahimovic has been a revelation this year, and Milan will most likely make the move permanent.
The striker has returned to his best form that saw Barcelona part ways with Eto'o in a blockbuster deal. Ibrahimovic has the technical ability to thrive in Arsenal's passing and possession-based style of play. Milan's star striker boasts a unique combination of size and skill, which would give Arsenal that extra dimension in the final third. Ibrahimovic would most likely be used as the main targetman, with van Persie dropping into the hole.
If Wenger does not express an interest in the Swedish striker, Milan could offer young talents such as Alexander Merkel instead. The young midfielder, touted as the next Clarence Seedorf, has impressed in his first-team appearances this season. Wenger has been known to court young talent, and Merkel is definitely one to watch for the future.
Arsenal would be able to put the transfer fee to similar use and look to improve the current squad.
Both Italian clubs have shown serious interest in the Arsenal captain. With the world-class strikers that could be used in a cash-plus-player deal, Wenger should sell the Spanish midfielder and capitalize on the opportunity to acquire elite talent upfront.