Arsenal have been told by the Premier League that they will have to wait until Tuesday for the Andrei Arshavin deal to be ratified.
Gunners boss Arsene Wenger had earlier told Sky Sports News that the deal would go ahead.
Wenger was quoted as saying: "We will make an announcement tonight. Yes, it will be a positive announcement. Yes, it will go through."
It is understood that Arshavin would wear the number 13 shirt vacated by Alexander Hleb when he joined Barcelona last year.
The transfer looked likely to proceed in a relatively straightforward fashion when the Zenit St Petersburg midfielder was pictured in Hertfordshire this morning, having flown into the country on Sunday.
That appeared to be a signal that Arsene Wenger's interest in the player was about to yield results, but sources close to the deal then revealed that Arshavin was on his way back to a London airport and the transfer was on the brink of collapse.
But negotiations continued behind the scenes - with the asking price, personal terms and a possible payment from Arshavin to Zenit all mooted as potential sticking points - and a final deal may still be struck.
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