Arsenal Transfer News: Fabregas to Barcelona by Week's End?

Sean BabcockCorrespondent IIJuly 10, 2011

LONDON, ENGLAND - FEBRUARY 16:  Cesc Fabregas of Arsenal looks dejected after the Barcelona opening goal during the UEFA Champions League round of 16 first leg match between Arsenal and Barcelona at the Emirates Stadium on February 16, 2011 in London, England.  (Photo by Shaun Botterill/Getty Images)
Shaun Botterill/Getty Images

The Cesc Fabregas transfer saga may finally be coming to a close, as Arsenal have reportedly conceded to Barcelona that they would be willing to entertain offers of £35 million for their captain.

The club has already declined offers from the Spanish behemoths for £27 million and £31 million, according to reports from the Daily Mail. While Arsenal seems to have accepted that Fabregas would be departing from the club at some point during the transfer season, they have maintained the position that Barcelona's offers have been far too low.

When Barcelona recently showed their cards and stated that they would be comfortable with waiting until the last day of the transfer season to secure a move, Arsenal seemed to decide that they would be better off making a deal sooner rather than later and named the price that could finalize the long-running Fabregas exodus story.

According to the Sunday Mirror, Barcelona manager Pep Guardiola asked the club president to meet Arsenal's requests, and is confident that Fabregas will join their roster by the end of the week.

Speculation of Arsenal's intentions was already growing this week with the revelation that the midfielder would not be joining the club on its preseason Asian tour. The official reason was cited as a hamstring injury.

While there would be some degree of disappointment and a worrisome level of reorganization of Arsenal's midfield if these rumors prove to be accurate, it would still be much better for Arsenal to push this through before the transfer season progresses into its twilight hours.

The best news to come to the Gunners in a long time could be the acquisition of such sizable transfer funds to build a promising squad before the beginning of the next Premier League campaign.