Zenit resigned to losing Arshavin as Arsenal close in
Reports in Russia claim the Gunners have tabled an official bid for the player, who can operate in midfield or in attack.
The star of Euro 2008 could cost in the region of £20 million (€22m), although the Gunners value the 27-year-old lower. Arshavin’s form has dipped this season as constant transfer speculation appeared to unsettle the player.