Andrey Arshavin heading for Arsenal exit?

Arsenal midfielder Andrey Arshavin could be making a last-minute exit from North London.

The Russia playmaker has endured a disappointing spell since arriving at the Emirates Stadium in 2009 and was sent out on loan to former club Zenit St. Petersburg last season.

However, The Mirror claims that the 31-year-old is being chased by three club from his homeland and that a deal could be done before the Russian transfer window closes today.

It is thought that Zenit, Dynamo Moscow and CSKA Moscow are all interested in acquiring the services of Arshavin and that both he and Arsenal are open to a move.

It is understood that talks over a deal are ongoing between the English side and Zenit which may result in the Gunners receiving less than their £5m asking price for the player.

Arshavin, whose contract expires in 2013, came off the bench during Arsenal's Premier League opener with Sunderland but has failed to make the squad for the past two games.