The Russian side have stated that they are ready to sell their highly rated striker and Real Madrid have already expressed their interest in him.
Arshavin almost joined Tottenham in the summer.
“He is a very good player,” Barcelona coach Pep Guardiola told Sport. “But I am working with the players that I have. For now this is how it is.
“When the market opens again we will decide if any position is needed, but I know that is a very good player.”
The 27-year-old’s current contract expires at the end of the season.