Arsenal have given the Russian permission to
hold talks with the Premier League's bottom club and a deal is expected
to be completed in the first week of the January window.
Gunners and Reading are negotiating the fee, which is expected to be
around the £4m mark although the north Londoners could try and hold out
Sources have told Goal.com that Arshavin has
played his last game for Arsenal and the transfer should be completed
early in the window.
Arsene Wenger has sanctioned the sale of the
31-year-old, who has not started a Premier League game this season and
has not figured at all since the manager fielded a weakened team for the
Champions League trip to Olympiakos on December 4.
Arshavin's former club Zenit St Petersburg were also interested in
signing him next month but Reading have made their move in a bid to
arrest the club's freefall back into the Championship.
has been sanctioned by Russian owner Anton Zingarevich, who was
criticised by winger Jimmy Kebe last week for not buying enough players
with Premier League experience in the summer.
Arsenal are keen to
agree a straight sale rather than another loan in order to recoup some
of their £15m outlay on the forward during the 2009 January window.
the former Russia captain spent his entire career at Zenit before
joining Arsenal and returned to Saint Petersburg for a second spell on
loan last season, his preference is to remain near London.
and his family are settled in the capital and would prefer to extend
their time in England rather than head permanently back to Russia.
winger is set to link up at the Madejski Stadium with his countryman,
Pavel Pogrebnyak, who was made the highest paid player in Reading's
history when he joined from Fulham on a salary believed to be worth
£60,000 a week.