Arsenal boss Arsene Wenger is reluctant to release Andrey Arshavin on-loan.

The Telegraph says Arsenal were still in talks yesterday with Zenit St Petersburg over Arshavin, but are reluctant to sanction a proposed loan deal.

The Russian transfer window closes tonight, with Arsenal only likely to let Arshavin leave if they can recoup a significant proportion of the £13 million that was spent on him in 2009.