New Barcelona president Sandro Rosell’s term of office began on Wednesday and one of his first acts will be to go back to Arsenal with a new offer for their skipper.
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The Catalan giants have already seen a £30 million bid for the Spain midfielder rejected despite Fabregas informing Arsenal manager Arsene Wenger that he wants to move to his childhood club.
However, with Spain’s Word Cup 2010 quarter-final match with Paraguay looming, Fabregas admitted that his exit from Arsenal is not guaranteed.
"I haven't said that I will definitely leave Arsenal," Fabregas was quoted as saying in The Mirror.
"Everything is possible. Now I have my head and my focus on the World Cup.
"I am very proud to be captain of Arsenal and I love the club and have respect for them.
"It gave me such pride to be made captain."
Fabregas enjoyed a fine Premier League season for the Gunners, scoring 15 goals and grabbing 15 assists, despite missing the end of the season with a leg fracture.