After their 0-0 draw at Wigan yesterday, Gunners boss Arsene Wenger insisted Cesc would have to wait until the summer before opening new contract talks.
However, the Sunday Mirror says Gunners sources admit they will need to put Fabregas on a par with Steven Gerrard, Cristiano Ronaldo and John Terry as the Premier League's top earners in the £130,000-a-week bracket.
That will mean topping the biggest pay packet in Arsenal's history - the £120,000 a week paid to Thierry Henry in his final year at the club.
An Arsenal insider said: "We're aware of the situation with Cesc and we will be looking at it in the summer.
"We want to keep him at the club and are not afraid to bring him into line with other high profile players in the Premier League."
Arsenal are keen to secure Fabregas as soon as possible to stop him using a FIFA loophole to buy himself out of his current contract.