The Catalans want to bring back the Spaniard to the Nou Camp.
Barcelona look to have finally sorted out their target for the right-back slot.
The Catalans have been hit by the financial crisis and hence looking to sign Bellerin on loan instead of a permanent move.
Barca, who have previously stated Nelson Semedo as untouchable, are now willing to move away from the Portuguese ace. The Catalans want to cash in on the Portuguese full-back, who is understood to have exciting offers from Premier League.
Ronald Koeman succeeded Quique Setien as the first team manager after Barca endured one of their worst seasons in history. The primary objective of the Dutchman’s new project turns out to be flogging aged players, thereby making room for younger ones.
Meanwhile, Arsenal are willing to let go of their long-time player Bellerin although he is favoured a lot by Mikel Arteta.
The 25-year-old would cost his former club Barca around 23 million pounds and it remains to be seen whether the Gunners would accept the loan offer.
PSG were also interested in recruiting Bellerin but have had a loan offer turned down by Arsenal. Instead, Les Parisiens have now signed Alessandro Florenzi from AS Roma on loan.
Bellerin returned to action at the latter stage of the last season after going AWOL for more than a year due to an ACL injury.
Barca have so far got rid of Ivan Raktic while Arturo Vidal, Luis Suarez, Samuel Umtiti and Martin Braithwaite are expected to follow up the Croatian.