Chelsea and Arsenal are interested in signing Arshavin but will need to better the £12million bid Zenit last night rejected from Barcelona.
Arsenal could make a firm move for Arshavin and decide to cash in on £12m-rated Alex Hleb, who has attacked Gunners boss Arsene Wenger and his team-mate Cesc Fabregas. Barcelona have a long-standing interest in Hleb.
Chelsea have looked at Arshavin but are waiting to hear whether England midfielder Frank Lampard wants to stay at Stamford Bridge.