Arsenal Transfer Rumours - Fabregas, Mata and Benzema

Click here to read - Arsenal handed Udinese in tough Champions League qualifier!

The Cesc Fabregas saga will continue to rumble on as Arsenal, according to widespread reports, have rejected yet another bid from Barcelona as it fell short of their valuation of the player.

£40 million is the market valuation of the player, according to Arsenal, but Barcelona have so far been unable to meet that figure. The Gunners are merciless and are in no mood to let their priced-asset go for any figure falling short of their valuation, and so it was that a forlorn looking Fabregas was spotted training with Arsenal.

Various reports state differing figures for the Arsenal bid, with the Daily Mail claiming that Barcelona had £35 million snubbed. The report went on to suggest that the bid included £29 million up front with £6 million in add-ons.

However, Sky Sports reported that Barcelona offered £25.2 million directly, with a further £5.2 million in add-ons, the total of which amounts to £30.4 million.

Arsene Wenger has received Arsenal's majority shareholder Stan Kroenke's backing to continue with his stern, non-compromising stand on his valuation of Fabregas. However, Kroenke has been told by Wenger that he hopes to resolve the issue quickly so as to plan for life after Fabregas, or line-up the required replacement.

The real danger that Barcelona and Fabregas face is that if matters aren't resolved quickly, Fabregas could be forced to play in the Champions League qualifier against Udinese on 16 August, which would leave him cup-tied to play in the tournament for Barcelona, if Arsenal qualifies.

With that in mind, Arsenal have given Barcelona 11 days to conclude a deal for the 24-year-old.

It has been reported that they will only bid for Juan Mata if Fabregas moves on. However, that could be a tough ask as Valencia have changed their mind over the 23-year-old, with coach Unai Emery insisting that Mata would stay.

In a report in asia.eurosport.com, Emery said, ""Mata has gone through a process of doubts about his future. But now we all believe he will stay at Valencia."

Elsewhere, talkSport has reported that Real Madrid striker Karim Benzema has dismissed reports of a move to London, stating that his future lies at Madrid.

He said, "My future is in Madrid. I have not spoken with Wenger, nor any other leader at Arsenal. My target is clear - to continue here and to win trophies this season."