Sandro Rosell has reiterated Barcelona will not be paying over the odds for Arsenal captain Cesc Fabregas.

Rosell says club not prepared to meet Arsenal's current valuation

Value

Barcelona president Sandro Rosell has reiterated the club will not be paying over the odds to bring Arsenal captain Cesc Fabregas back to Camp Nou. Fabregas has again been linked with a return to his boyhood club this summer after Arsenal refused to sell the midfielder to Barca 12 months ago. Gunners chairman Peter Hill-Wood revealed over the weekend that the Spanish and European champions had been in contact to register their interest in signing Fabregas. However, Rosell has warned that Barca are not prepared to meet the Gunners' reported £35million valuation after claiming Fabregas is trying to secure a switch to join Pep Guardiola's squad."He (Cesc) is doing everything he can to come (here)," Rosell toldon Monday night. "Guardiola knows the values of players and Cesc's is less than €40million. Barcelona will offer less and if they (Arsenal) don't accept, then he won't come. Pep knows the club is not well-off in terms of money." Meanwhile, Barca are expected to seal the signature of Chile forward Alexis Sanchez this week from Udinese, but Rosell appeared cautious. "There is nothing closed with Alexis," he said. Rosell also revealed that full-back Eric Abidal had rejected a new contract offer from the club and admitted relations with Real Madrid president Florentino Perez were "on standby" after their failure to act against doping allegations aimed at Barca last season by radio station Cadena COPE. "I haven't spoken to Florentino Perez since the last game (against Madrid)," he said. "My relationship with him is on standby because there are wounds that are still not closed and that need to scar."