London - Arsenal manager Arsene Wenger said on Tuesday that his club have not agreed a fee to sign Russian forward Andrei Arshavin.
Arshavin's club, Zenit St Petersburg, said on Monday night that only personal terms remained to be agreed, but Wenger denied that any agreement was in place.
"(Rumours of an agreed fee) are not true," the Frenchman said.
"In this job "far" doesn't mean a lot. I believe that we are not close to concluding any transfer, Arshavin or anybody else.