By Football Espana staff
The Blaugrana shot-stopper will not extend his contract at the club which ends in 2014 – which means Tito Vilanova's side will look to sell in the summer rather than let him leave on a free next season.
Arsene Wenger is a keen admirer of the 31-year-old and is using former striker and one-time teammate of Valdes, Thierry Henry, to try and persuade him to come to north London.