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Zenit and Arsenal agree terms for Arshavin

January 27, 2009 by Qasim 

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Zenit St. Petersburg have agreed details with Arsenal for the transfer of their Russian playmaker Andrei Arshavin. A transfer fee in the region of 16 million euros has been agreed on by both clubs, and all that is required to complete the move is for contract details to be sorted out.

“Negotiations between Zenit and Arsenal on the transfer of Andrei Arshavin are continuing,” the Russian club said in a statement. “The clubs have reached an agreement in principle on terms that both sides feel reflect the market value of the player. At the moment, the main obstacle in the implementation of the deal are the personal requirements of Andrei Arshavin.

“Arshavin does not intend to reduce the demands of his personal contract, thus hindering the negotiation process and calling into question all the agreements reached between the clubs.”

The problem is that Arshavin is paid 106,000 euros per week, which is significantly more than what Arsenal are prepared to offer, around 80,000 euros per week.

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