“The fundamental understanding over the transfer of the player is achieved between the clubs,” read the statement. “At the moment the basic obstacle in realisation of the transaction is Andrei Arshavin’s personal requirements.”

Arshavin is waiting for the “final decision” over his move.

“I’m waiting for a final decision,” Arshavin told Russian newspaper Sport Express.

“The talks don’t depend on me. I haven’t been in touch with the club management, so I haven’t heard a clear ’yes’ or ’no’ yet.”

Liverpool defender Martin Skrtel has backed Arshavin, his former Zenit team-mate, to be a success in England.

“Andrei has spent many years in Zenit and I want him to join a big European club and show what he is worth,” said Skrtel, who also suggested Arshavin would like to play in Spain.

“He played wonderfully at Euro 2008 and I am sure he can continue playing on the same level as in the summer.”

Another player linked with a move to Arsenal is Manchester City’s Micah Richards, although the England defender insists he is happy at Eastlands.

“It’s always flattering being linked with a club like Arsenal, and they have one of the best managers in the world in Arsene Wenger,” he told his own website www.micahrichards.com.

“However, as I said before, I’m happy at Manchester City and believe that the club is going in the right direction.

“We’ve had a difficult season all round which can affect performances, but I think that I can continue my development at City and hopefully win some trophies.

“I’m still young and still learning, and I’m fully settled at the club and believe that Mark Hughes will help me to improve my game.”

Meanwhile, Tomas Rosicky has been reported to be back in training following his long-term knee problems.