Arsenal FC hope to wrap up Santi Cazorla signing this week

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by Crunch Sports Staff

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Santi Cazorla (credit: CHRISTOF STACHE/AFP/GettyImages)

Arsenal are looking to wrap up the signing of Santi Cazorla this week, despite his club Malaga looking to sell up in a bid to end their financial problems.

Reports in the last 24 hours have suggested Cazorla could complete his move to Arsenal in the next couple of days for a fee in the region of £15million.

Malaga have insisted they will not let Cazorla leave the club on the cheap, but their financial problems mean they could have to sell players to clear their debts as they look to avoid facing relegation from La Liga.

According to Sky Sports, the club's Qatari owners are in talks to sell the club to Albanian oil magnate Rezart Taci, but even if a sale goes through, Carzola will still look to push through his move to Emirates Stadium.

The club, who were bought by Sheikh Abdullah Al Thani in June 2010, owe around £40m in unpaid wages and taxes and have been given until August 1st by the Spanish authorities to resolve any outstanding issues.

Arsenal manager Arsene Wenger and Gunners midfielder Mikel Arteta last week were full of praise for the player.

"I cannot talk about the actual situation but I can say that I know him as a player really well," Arteta told reporters on Arsenal’s pre-season tour.

"He’s a top, top player. He has got unbelievable quality and talent and that is all I can say."

Wenger, who has already confirmed he wants to bring in more new faces this summer, added: "I share the opinion of Mikel Arteta. Cazorla is a great player."

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