Robin van Persie returns to Arsenal on Monday with the club hopeful of persuading the contract rebel to perform a dramatic U-turn.
The Holland international, who has one year to run on his deal, stunned the Gunners when he declared it was his intention to end his stay with the club.
But manager Arsene Wenger will take the opportunity to hold a heart-to-heart with his captain aimed at persuading the 28-year-old to change his mind.
Members of the Gunners hierarchy feel Van Persie's controversial statement was merely a ploy by the forward's agent Kees Vos to secure his client a better deal - reminiscent of Wayne Rooney's contract stand-off with Manchester United in 2010.
After talks over a new deal broke down, Rooney released a statement confirming he wanted to leave Old Trafford.
However, just a few days later the England international signed fresh terms after being offered more money by United.
As it stands, Arsenal have tabled Van Persie a three-year deal worth £130,000-per-week - plus a £5million loyalty bonus.
If Arsenal fail in their attempts, Wenger will sanction the immediate sale of Van Persie in order to have enough time to reinvest the money from the Holland international's sale.
Both Manchester clubs and Juventus are monitoring the situation.