Arsenal have entered formal talks with Barcelona striker David Villa according to

The Spaniard is a major target for the Gunners with the North London club sending contract negotiator Dicky Law to Barcelona to discuss a transfer fee.

Arsenal's bid for Villa was rejected by Barcelona earlier this month but it is believed that the Catalan giants have relaxed their position on a potential sale, especially as the 31-year old is keen to join the Premier League club.

The report also suggests that Villa will earn £110,000-a-week for a fee of £13.8million if a deal does happen to go ahead.

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