Liverpool favourites to beat Arsenal to Pedro

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Liverpool have been listed as favourites to beat Arsenal to the signature of Barcelona forward Pedro before the close of the transfer window.

The arrival of Neymar at the Camp Nou in the summer prompted questions about Pedro's long-term future with Barcelona and, although he has scored 11 goals in La Liga this season, speculation persists.

Liverpool and Arsenal have both been linked with the Spain international but SkyBet has the Anfield club as narrow favourites to clinch a deal this month, with Brendan Rodgers' side at 5/1.

Arsenal are only slightly further back at 6/1 and, given their clear need for attacking reinforcements, it is something of surprise that Liverpool has been identified as a more likely destination for Pedro.

The Gunners are in the market for another goalscorer given that Theo Walcott has been ruled out for the remainder of the season with anterior cruciate ligament damage, although Pedro may represent a more sizeable investment than Arsene Wenger is prepared to make in January.

Pedro has a release clause written into his contract, which expires in 2016, of an exorbitant €150 million and any suitors would have to convince Barcelona to sell if unable to meet this buyout.

A player of Pedro's calibre linking up with Luis Suarez and Daniel Sturrdige at Liverpool is a mouth-watering prospect but, given the 51 goals Liverpool have plundered in the league this term, bolstering his strikeforce is not a pressing concern for Rodgers.

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