Hector Bellerin is closing in on a free move to FC Barcelona after Arsenal agreed to a free transfer, despite the deal seemingly being the second-choice option for both parties.

In a saga that seems to have plenty of twists and turns without actually arriving anywhere, Hector Bellerin is now set to join Barcelona again after Arsenal agreed to a free transfer.
It was initially reported as a contract cancellation by James Olley:
Arsenal have agreed a contract termination with Hector Bellerin. Now in advanced talks to join Barcelona. Source close to the player expects it to be done. Given the termination, there will be no fee involved.
— James Olley (@JamesOlley) September 1, 2022
But David Ornstein has confirmed it is a free transfer, meaning Arsenal have likely got a sell-on clause and have learned their lesson after Aubameyang was sold to Chelsea for €14m just six months after Arsenal let him also leave for free for Barcelona.
Gerard Romero reported on Tuesday that Barcelona will sign Bellerin on a free transfer, with the deal now in the final stages.
Now, Gianluca di Marzio is reporting that deal is almost done:
https://twitter.com/FabrizioRomano/status/1565310249090924547
Signing the Arsenal right-back instead of Villarreal’s Juan Foyth will leave Barcelona with more money to invest in Manchester City’s Bernardo Silva.
Bellerin seemingly wasn’t Barcelona’s first choice, with Javier Miguel reporting for AS last week that the club were prioritising a move for Foyth. But Foyth’s injury setback put that deal on the back-burner.
Similarly, previous reports suggested Bellerin’s preferred destination was a return to Real Betis, with Barcelona as an alternative.
Yet Alberto Pintado claims Bellerin’s camp have confirmed that a move to Betis is very difficult at this stage.

So, despite Barcelona ideally wanting Foyth, and Bellerin ideally wanting Betis, it seems both parties may end up with their second-choice option.
As for Arsenal, it will be more wages off the books, but it doesn’t look like the Gunners are likely to bring in a transfer fee.