Arsenal are reportedly holding out for €20m and Barça are
refusing to go to that amount because they do not feel that the
former Stuttgart playmaker is worth that.
Hleb has also not been seen to do enough to help persuade the
Gunners to let him go to Camp Nou and the Catalan outfit may well
take their search elsewhere.
Talks are scheduled to continue in London between Arsenal and
Barça's sporting vice-president Marc Ingla, but if there is no deal
reached this time then that will be the end of the saga.
Bayern Munich were said to have made their interest known and that
may have led to Arsenal hoping to start an auction between the club
only for Hleb to state he did not want to move to the Allianz
Arena.
Inter were originally favourites to land him, but the arrival of
José Mourinho put a stop to that with the Portuguese coach
targeting other players to bolster his squad.
If the move for Hleb fails to produce a deal, then Barcelona will
place their hopes in Brazil's rising star Anderson Hernanes or make
a move for Portugal's Moutinho.