Arsenal are prepared to sell captain Cesc Fabregas this summer.
Arsenal would be willing to sell captain Cesc to Barcelona is they can agree a fee, according to BBC Sport.
BBC Sport quote a senior Arsenal official as saying: "The offer was made formally in writing to our chief executive (Ivan Gazidis), and we said no straight away."
When asked if the club expected an improved offer this week, the source added: "Possibly yes, and if it's enough then I expect we'll have to sell."
