Arsenal Holdings, the owner of The Arsenal Football Club (AFC), has entered into an agreement for the sale of footballer Alex Song to Futbol Club Barcelona.
Song, a midfielder, was transferred for £15m reportedly after Arsene Wenger, the club's manager, become frustrated by his lack of commitment in pre-season.
The sale is believed to have been on the cards for some time now, following a breakdown of the player's relationship with AFC over the terms of his contract.
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It is understood that Song will bag himself £70,000 a week on his new contract at Barcelona, having earned £55,000 a week with AFC.
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