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Cesc continues Barca formalities
Published : 15 Aug 2011 11:00:41Rss feed
The Spain international has already undergone the first part of his medical at the Hospital de Barcelona and he is now set to complete his tests at the club's stadium.
If all goes to plan, the 24-year-old is due to sign his contract with the European champions at 12.30pm local time (11.30am BST) and be presented to the media in Barcelona at 2pm (1pm BST).
Barca and Arsenal on Sunday night both announced they had reached an initial agreement for the transfer of Fabregas, who left the Catalan giants for the Gunners as a 16-year-old.
While the Gunners were always determined to keep Fabregas, it became clear this summer that the Spaniard - who made more than 300 appearances for the London club, scoring 57 goals - was no longer committed to their cause.
Barcelona saw a £27million offer rebuffed earlier in the summer, as Arsenal remained steadfast in their demands over a £40million fee. However, with Barcelona not willing to significantly increase their cash bid, and Arsenal manager Arsene Wenger admitting the player was unsettled, the English club reluctantly have allowed a deal to go through.
The package is widely reported to include a down payment of 30 million euros (£27million), although it is not clear if that is in one lump sum, with an additional six million euros (£5.2million) in performance-based add-ons at a later stage.
There are also suggestions Fabregas is prepared to waive the £4million compensation he would be entitled to for the remainder of his long-term Arsenal contract as technically he did not ask for a transfer.
Wenger expressed disappointment at Fabregas' departure and said in a statement on Arsenal's official website: "We have been clear that we didn't want Cesc to leave and that remains the case. However, we understand Cesc's desire to move to his hometown club and have now accepted an offer from Barcelona.
"We thank Cesc for his contribution at Arsenal and wish him future success.'"