More? For Arshavin ? Here you go.

Arsenal are poised to increase their bid for Andrei Arshavin to £12million after Zenit St Petersburg rejected their initial £10m offer.

Russian Arshavin was in London last week to prepare for the move and, with boss Arsene Wenger identifying him as a key target and Zenit keen to sell, a deal could be completed this week.

Wenger wants to add Arshavin to his squad to show that he can compete with the top 4 ; Manchester United, Chelsea and Liverpool.

But he has been told by Arsenal chairman Peter Hill-Wood that the club must divert funds into the redevelopment of Highbury, which has been hit by the property slump. With the collapse of sterling in recent months, Arsenal's transfer funds have been squeezed tighter than they anticipated.

Arsenal have offered £10m plus an additional £5m based on appearances for Arshavin, but Zenit do not want to settle for less than £18m and want a higher percentage paid up front.

Zenit spokesman Alexei Petrov said: 'I can confirm that Zenit did get an official offer from Arsenal about Andrei Arshavin. It was rejected as insufficient. 'They offered about £10m. No new offers have arrived from them since. At the moment, Arsenal are the only club to have approached us about the player.'

Wenger will have to persuade director Danny Fiszman and Hill-Wood to release more funds for the player and potentially break the club's transfer record - £13m paid for Sylvain Wiltord more than eight years ago.