Barcelona offers Arsenal two senior players in exchange for Arsenal star.
It is understood that the two players Barcelona will offer to force the deal are veteran midfielders Ivan Rakitic and Arturo Vidal.
Barcelona is plotting to offload several senior players including Rakitic and this summer.
The Catalan club made the decision following their humiliating Champions League 8-2 defeat against Bayern Munich last Friday.
Guendouzi has already told the Arsenal’s chiefs he would be willing to leave Emirates this summer.
The 21-year-old French youngster has fallen out of favour under Arsenal manager, Mikel Arteta.