Schalke are attempting to set up a swap deal for Arsenal midfielder Andrey Arshavin. Schalke are battling Anzhi for the unsettled Russia international.

And they are now are ready to offer Arsenal the chance to swap Arshavin for Jefferson Farfan.

According to reports in Germany, the Bundesliga side are desperate not to lose Farfan for nothing when his contract expires at the end of the season - and he is unlikely to sign a new deal.

But Schalke will not sell the Peruvian forward, 27, in January unless they can secure a replacement.