El Mundo Deportivo says Barca president Sandro Rosell may even fly to London to accelerate negotiations later this afternoon.
Barca's last offer was €29 million - which fell well short of Arsenal's €50 million asking price.
The new bid will still be €29 million plus another €6 million based on various bonuses and another €5 million from Cesc Fabregas, which he is giving up to move to Barca.
It's suggested Arsenal will release Cesc once they have an agreement withValencia for Juan Mata, who would arrive as a direct replacement.
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