Barcelona president Joan Laporta has insisted the club are still chasing Arsenal captain Cesc Fabregas despite having their opening transfer bids rejected.
The Spain international, who left the Catalan giants for the Gunners as a teenager, is contracted to the Emirates Stadium outfit until 2015, but he as made it clear he wants a return to his homeland.
However, the La Liga champions failed with an initial bid of around £30million and now Laporta will allow sporting director Txiki Begiristain decide what course of action they will next take.
Laporta said: "It's a price that we consider to be his market value. Arsenal have rejected it. Now the sporting director must decide what should be the next step.
"We are in negotiations and we'll see how they turn out. At times, these operations are resolved at one speed, and others at another.
"We have to do everything we can to convince them that the best thing for all is to reach an agreement.
"The club have full confidence that Arsenal will end up understanding the situation."