Russian midfielder Andrey Arshavin, 31, who will be a free agent after his £90,000-a-week Arsenal contract expires, is a target for former club Zenit St Petersburg.

Reading's billionaire owner Anton Zingarevich wants to sign Andrey Arshavin, 31, from Arsenal in January as part of the Royals' bid to stave off relegation from the Premier League.

Arsenal midfielder Andrey Arshavin, 31, could head back to his old club Zenit St Petersburg in January for £3m.

Zenit St Petersburg have made a move to re-sign Andrey Arshavin from Arsenal. The Gunners bought the playmaker, now 31, from the Russian side for £12m in 2009, but will only expect to recoup around £3m.

Reading manager Brian McDermott is targeting a January move for Arsenal's Andrey Arshavin, 31, but says signing too many players in the New Year will be "disrespectful" to the ones he already has.