Andrey Arshavin is in preliminary talks with Russian heavyweights Anzhi Makhachkala.
The mega-rich club are putting together a money-is-no object move to land the unsettled Gunners playmaker.
Anzhi chiefs sounded out Arshavin's advisors earlier in the season and the wheels are now in motion.
Arshavin's current deal expires in the summer of 2013.
Anzhi have identified the capture of Arshavin as key component in their quest to turn themselves into a domestic and European superpower.
The club, who are bankrolled by billionaire businessman Suleyman Kerimov are also planning a raid on Manchester City for Kolo Toure.
The mega-rich club are putting together a money-is-no object move to land the unsettled Gunners playmaker.
Anzhi chiefs sounded out Arshavin's advisors earlier in the season and the wheels are now in motion.
Arshavin's current deal expires in the summer of 2013.
Anzhi have identified the capture of Arshavin as key component in their quest to turn themselves into a domestic and European superpower.
The club, who are bankrolled by billionaire businessman Suleyman Kerimov are also planning a raid on Manchester City for Kolo Toure.
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