The Catalan giants were willing to offload the attacker last summer, but he had no intention of considering a new challenge.

The decision has proved a blessing in disguise. Raphinha has bagged 12 goals and 10 assists from just 17 appearances this term.

The former Leeds United man is in the form of his life, but this has not ended the speculation of him heading for the exit door.

Barcelona continue to remain under financial restrictions and they are only permitted to spend 50 percent of any incoming funds.

They need a big-money transfer to sort their concern and seem open to offloading Raphinha if they receive around €100 million.

Arsenal have held a long-term interest in the talented winger, but that was primarily due to the presence of sporting director Edu.

With Edu's departure, Arsenal could change their transfer priorities. The club could decide on their targets after a replacement is found.

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