Cesc Fabregas: Arsenal Reject Barcelona's €35 Million Last-Ditch Attempt

The Cesc Fabregas transfer saga has seemingly taken another twist with Barcelona re-igniting their interest in Arsenal's Spanish man. News just out suggests that Barcelona had a €35 million bid for Fabregas rejected.

According to Goal.com, a €29 million offer plus €6 million in incentives was put to Arsenal by Barcelona. After signing Alexis Sanchez for a staggering €40 million, it seems that Barcelona were not able to meet the €45 million valuation placed on the attacking midfielder by Arsenal.

The rejection of the offer follows the inclusion of Fabregas in Arsenal's preseason team photo (which was delayed), where he made headlines just by being present.

Yahoo! Sports writes:

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Arsenal majority shareholder Stan Kroenke was in London on Thursday to attend the club's Members Day and it is reported he has backed the decision of Arsene Wenger and the club to hold out for £40 million (€45 million) for the midfielder.

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Arsenal kick off their campaign against Newcastle on the 13th of August, where they will look to get redemption after relinquishing a 4-0 lead to draw 4-4 against the Magpies last season.