Bellerin, who is also of interest to Paris Saint-Germain, arrived in North London as a 16-year-old and has gone on to play over 200 times for the first team.
He remains under contract until 2023, but today's report states 'he is open to rejoining his old club and returning to his home city' in the summer.
However, that all depends on whether Laporta is voted in for a second crack at life as Barcelona president in the upcoming election.
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