Arshavin is Arsenal’s record signing but is understood to be close to moving on having lost his place in Wenger’s side and fallen down the pecking order at the Emirates Stadium this season.
The Gunners boss has always insisted that the Russian star is not for sale and remains a part of his plans but it is said that he is now ready to let him leave if a suitable offer comes in having been left unhappy at his contribution so far this term.
Arshavin has lost his place to Gervinho over the last three months while Wenger is understood to be keen to bring in another striker in the new year, with German international Lukas Podolski having been heavily linked with a move to north London.
The 30-year-old could well return to Russia with former club Zenit St.
Petersburg keen to re-sign the attacker, while Lokomotiv Moscow are also interested in taking him on a six-month loan spell, but Arsenal are understood to want around £8 million for the striker before they will let him leave.
