Hector Bellerin will have to take a significant pay cut if he is to complete a permanent move from Arsenal to Real Betis.
The right-back admitted in the past that he felt homesick towards the end of last season and regularly spoke with manager Mikel Arteta in an attempt to find a move back to Spain.
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However, Watts has stressed that personal terms could be an issue.
He said: “I’m told from people close to this deal that Bellerin was on about £4m [a year] with Arsenal.
“He basically accepted about £1m to make that move to Betis last summer, and Betis, although they want Bellerin to return, have made it very, very clear that he’s going to have to take a very big pay cut on a permanent basis to make this deal happen.”
TIF Thoughts on Bellerin and Arsenal…
The arrival of Takehiro Tomiyasu last summer gave a strong indication that Arteta sees the Japan international as his first-choice right-back going forward.
Bellerin arrived in north London back in 2011 but has made just 59 league appearances for the club since the start of the 2018/19 season and after being called an “unbelievable servant” by club icon Ian Wright, the time may be now for the Gunners to move on, although his £110k-per-week wages may be a problem for potential buyers.