Barcelona would be willing to allow Phillipe Coutinho join Arsenal, if they pay a loan fee of around 25-30 million euros, Catalunya Radio reports.
This would allow Barca to recover the annual amortization of Coutinho’s signing, which they owe his former club Liverpool.
The Gunners are reportedly keen to sign the Brazilian playmaker, but do not have funds for a permanent move.
The LaLiga champions are desperate to sell Coutinho, but may be open to sending him on loan.
The 27-year-old moved to Spain from Arsenal’s rivals Liverpool for £143million just 18 months ago.
But since becoming the club’s record signing, Coutinho has failed to show his best at the Nou Camp.
He has been linked with a return to Anfield and Paris Saint-Germain, but could now be set for the Emirates.