Spain winger agrees terms with Arsenal

Posted: July 24, 2012 in Sports

Spain international Santi Cazorla has reportedly agreed terms with Arsenal over a proposed move to the Emirates Stadium, although Malaga are yet to accept a bid from the north London club.

Malaga are deep in the financial mire and could be relegated to the second tier of Spanish football if they fail to pay outstanding debts, and the Gunners are keen to take advantage of this situation.

According to The Guardian, Cazorla and Arsenal have already reached an agreement and Arsene Wenger is now hopeful he can secure the 27-year-old for €20 million.

Malaga, though, appear to be standing firm for the time being and have pointed Arsenal towards Cazorla’s €45 million buyout clause, but they could be forced to sell in order to raise funds.

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