Saviola unimpressed by Arsenal, Newcastle offers

Javier Saviola is digging in his heels over a pay-out from the final year of his Barcelona contract.
The Argentina international has been put up for sale for £4 million, but is demanding a significant compo pay-out from his £3.5 million Barca salary.
Arsenal, Bolton and Newcastle have tabled contract offers to Saviola, but all have fallen short for what the Argentine is seeking.