Arsenal are reportedly close in on signing Real Madrid star Dani Ceballos.
The 22-year-old is open to leaving the Bernabeu and the Gunners are understood to hijack the deal from Tottenham.
According to
Spanish daily Marca, Arsenal have agreed on a season-long loan agreement, which will not include a purchase option, with Madrid and they are just waiting to finalise the move.
The Gunners will pay 100 per cent of his wages, understood to be £2.7million a year - an amount that fits perfectly with their current financial position.