Fabregas started his career with Barcelona
Arsenal chief executive Ivan Gazidis will meet Barcelona officials on Friday over the future of Cesc Fabregas.
BBC Sport has learnt that the Gunners are yet to receive a second bid beyond the £27m Barca offered last month.But the club are prepared to sell their 24-year-old skipper if the Spanish giants meet their £40m valuation.
Majority shareholder Stan Kroenke will not take part in the talks having flown home to the US after a visit to the Emirates on Thursday.
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