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Arsenal preparing to make a bid for highly rated Spaniard

Arsenal’s reported interest in Spanish Euro 2012 winner Santi Cazorla is picking up steam with today’s Guardian reporting that the Gunners are set to launch at £15.6 million bid for the Malaga man.

While the Gunners’ initial interest in Cazorla was rebuffed, with Malaga reportedly telling Arsenal to match the player’s €45 million buy-out clause, it appears that the debt-ridden club are now prepared to do business at €20 million.

27-year-old Cazorla is reportedly desperate to leave Málaga with the Spaniards reportedly having failed to pay him a large portion of his wages, in addition to failing to meet other commitments.

The Guardian reports that he is also keen on a move to England and has spoken with representatives of Arsenal, having expressed an interest in joining the club.

With the club’s financial position pushing them to the brink, a distress sale needs to be made before the 31st of July, else Malaga will find themselves relegated to the Second Division B in addition to dropping out of their hard earned Champions League spot.

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