Arsenal chairman Peter Hill-Wood insists Barcelona have not made a second offer for captain Cesc Fabregas.
The Catalan giants are once again eager to land Fabregas, who left Barca’s youth system to join the Gunners in 2003, after failing in their pursuit of the 24-year-old midfielder last year.
Yet despite all the talk coming from Spain, Hill-Wood claims Arsenal have not received an offer for the World Cup winner, and he admits they would consider a “very good offer” from the Spanish and European champions.
Hill-Wood told the Daily Star: “I am not sure how keen they are. There are still stories in the (Spanish) press, but they don't talk to us.
“They've made one offer, which works out at around £26m, but that was ages ago.
“But at the moment our situation is very straight-forward: we don't want to lose him.
“Obviously if they come up with an offer which was a very good offer we would have to think about it.
“We have told them a number of times that what they are proposing is unacceptable and yet they haven't moved on it.
“I don't approve of what they are doing, but unfortunately it seems the way of the world right now.”
Having seen full-back Gael Clichy leave for Manchester City and Samir Nasri linked with a move away, Gunners boss Arsene Wenger is keen to end the speculation about Fabregas as quickly as possible before it unsettles his squad.
Wenger said on Monday: “We have to stop at some stage. I hope we can close that very quickly in our favour.
“For us, it's important that the team settles psychologically as quickly as possible because we have a tough start.”
