Tony Sanabria has verbally agreed a deal with another club after deciding to quit Barcelona, reports El Mundo Deportivo.
The future of the young Paraguayan starlet has been up in the air in recent weeks after he rejected the chance to extend his contract at Barcelona in early November.
It has now been revealed that Sanabria has rejected a second offer from officials at the Nou Camp and has decided that his future lies elsewhere.
Spanish daily El Mundo Deportivo claims that the 17-year-old has already verbally agreed to join another club and the favourites to land his signature are Arsene Wenger's Arsenal and AS Roma.
It is reported that both the Gunners and Roma are prepared to pay €3m to make sure they sign the player in January in a deal that could rise to €4m or €5m.
Arsenal were reported to have sent out their transfer dealmaker Dick Law last week to convince Sanabria and his family that the Emirates is the best place for him to be.
Sanabria, who has already been capped by Paraguay, decided to leave Barcelona after Tata Martino refused to guarantee that he would be given playing time at the Nou Camp.
He is reported to have requested to leave as soon as possible but unless his €3m release clause is met, Barcelona have the tight to hold on to him until 2015, when the player's contract expires.