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But Wenger confirmed that he is still desperate to land the signature of Arshavin, who is regarded as one of the best midfielders in Europe.
And Wenger is hopeful the two clubs can agree a fee.
'I am very hopeful. There are only days left because the transfer window closes on February 2 and we have crossed halfway,' he said.
'We want to improve and know what we want to do. We are in negotiations, but we want to respect our principles.'
Source: Daily_Mail
