Sagna has made 210 Premier League appearances since joining the Gunners from Auxerre in July 2007, but he is expected to leave the North London club this summer.
The 31-year-old's contract is due to expire at the end of June and talks over a new deal are going nowhere.
Arsenal boss Arsene Wenger was yesterday quoted in the Daily Mail as saying: "At the moment they are not progressing. We know what we want from him, he knows what is on the table and that is where we are.
"The ball is not in our camp anymore, it is in his camp, and he needs to come back to us."
Sagna has been linked with a host of clubs, including Inter Milan, Paris St Germain, Galatasaray and Manchester City.
However, reports in France's biggest sports-devoted newspaper claim that the player is already in advanced discussions with Fenerbahce, who are said to be willing to double his current £60,000,000-a-week wages.
Sagna has been an integral member of Arsenal's first-team this season, with only Wojciech Szczesny, Per Mertesacker and Olivier Giroud making more top-flight starts.
The France international, who has been capped 39 times at senior level, is likely to be keen for his club future to be decided prior to this summer's World Cup, which gets underway in Brazil on June 12.
