Manchester United has made a £25m offer for Barcelona midfielder Fabregas in a bid to find a long-lasting solution to Paul Schole’s retirement.
The offer is currently under consideration but is understood to be below the Spanish club’s current valuation of the player.
Fabregas has repeatedly said he wants to stay at his hometown club despite difficulty to cement his name in the starting lineup of the Baulgranas.
While he is not pushing for a move, it is understood he is open to a move back to England and will be guided by whether Barcelona are prepared to accept an offer for him.
Fabregas came through the ranks of Barcelona youth set up before Arsenal signed him as a 16-year-old in 2003.
He became a force to be reckoned with in the midfield under Arsene Wenger and was part of Arsenal team which beat Manchester United on penalties in 2005 FA Cup final.
He played 303 games and scored 57 goals for the Gunners before returning to the Nou Camp when he signed a five-year deal with Barcelona in August 2011 for £25.4m.
The 26-year-old has helped Barcelona win the Copa del Rey in 2011/12 and La Liga last season. Statisticians Opta claim only Lionel Messi (58) was involved in more La Liga goals for Barcelona last season than Fabregas (11goals, 11 assists).
He has capped 83 times for Spain, winning the 2010 World Cup and European Championship twice.