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Arsenal, Atletico Madrid thrashing out Merida compo terms

Arsenal and Atletico Madrid are discussing compo terms over Fran Merida's return to Spain.

As he is under 24 years of age, Arsenal will be due a 'training allowance' from Merida's Bosman switch to Atletico.

Arsenal are seeking around £3 million for Merida, while Atletico are reluctant to pay more than £1 million for the Spain U21 midfielder.

The case is destined for a tribunal hearing.

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