The 21-year-old midfielder was on the verge of leaving Malaga for Valencia at the end of the season. However, he has since put this proposed move on hold to see if rumours of Arsenal’s interest unfold in the upcoming weeks.
Arsene Wenger is believed to have identified Fornals as a possible replacement for Santi Cazorla who has endured an injury-hit season at the Emirates.
Despite taking up the option of extending Cazorla’s contract for another year, it’s thought that the Gunners are looking for a long-term replacement for the 32-year-old, and according to Spanish publication Plaza Deportiva (via Metro), Fornals is a potential candidate for the job.
Fornals, who has made 29 appearances in all competitions and scored six goals so far this season for Malaga, could be available for as little as £10million due to a release clause in his existing contract, although confirmation on this has yet to be verified.
Arsenal are set for a summer rebuild after a disappointing season and Fornals could be one of many new faces appearing for the north London club next season.