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"He's heard what we've got to say. We've done all we can for Harry and we've made what we all consider to be a very good offer. If Harry decides that's not good enough and he doesn't want to play for Leeds, then that's his choice. I think Harry wants to assess his various options."
Peter Reid will no doubt be looking at taking a player or two in the opposite direction - Ray Parlour and Francis Jeffers are the leading contenders. Jermaine Pennant's name has also been mentioned, however I feel it's unlikely that Wenger would let such a promising player depart.
Reid has never made a secret of his admiration for Ray, so in my book he's the favourite to be included as a makeweight in the deal.
It remains to be seen whether Arsene Wenger can convince Kewell that Highbury is the right place to play if he wants to further his career and build a medal collection, but my money's on him being able to do just that without too much trouble.
Kewell to Highbury then.