BPL: Cazorla agrees Arsenal terms, but...

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http://soccernet.espn.go.com/news/story/_/id/1126631/malaga%27s-santi-cazorla-agrees-arsenal-terms---report?cc=4716

Arsenal could be set to sign winger Santi Cazorla from financially-troubled Malaga for around €20 million as they have reportedly agreed terms with the Spain star.

Cazorla, 27, was a target for Arsenal last summer, but Malaga's worsening financial situation makes a move increasingly likely despite the Spanish club's attempts to discourage suitors by stressing the €45 million buy-out clause in his contract.

The winger is reported by the Guardian to have told Malaga that he wishes to leave and informed Arsenal that he would like to move to North London.

Talks between the clubs are reported to have taken place against a backdrop of increasing financial pressure on Malaga, who have been reported to Spain's Footballers' Association (AFE) by four players, including Cazorla, for non-payment of wages.

Cazorla joined Malaga from Villarreal in a €19 million deal last summer but, after a season hit by financial issues including the non-payment of wages and bonuses, he has voiced a desire to leave. Villarreal claim they are still owed money on his transfer fee.

Last week, Cazorla was linked with a move to Tottenham, with reports suggesting that White Hart Lane coach Andre Villas-Boas saw him as a replacement for Luka Modric if the playmaker eventually moves to Real Madrid in what has become one of the summer's more drawn-out sagas.

Spurs are believed to have been monitoring the uncertain situation at Malaga, and could yet table a £15 million offer for the player, who scored nine league goals last season.