Talking to Madrid based newspaper AS, Rodrigo Fernandez Lovelle confirmed that Fenerbahce have been pursuing the 28 year old since May but the Gunners want a permanent deal worth €12m (£10.5m) so they can recoup some of the £17m they paid Deportivo for the player last year:
“Several clubs in Europe are interested in Lucas, but Arsenal wants to offset a portion of the money paid to Deportivo La Coruna last summer. Arsenal have paid €21 million for Lucas. I think they are willing to accept a figure of around €12 million for his departure.”
Fenerbahce are unable to pay such a figure due to restrictions placed on them due to UEFA Financial Fairplay regulations. It seems they are still interested in the player however, but only if an initial loan offer can be agreed to.
A return to Perez’s former club Deportivo has also been suggested but the Spanish team’s president confirmed last week that they have had to move on to other targets as they can’t match Arsenal’s demands for the player.