Real Madrid will look to offer wide man Lucas Vazquez in their attempts to persuade Arsenal into selling Alexis Sanchez, according to Don Balon.
The Spanish publication believes the Gunners are extremely reluctant to lose one of their best players in January and to limit the damage, Real are prepared to offer the Spanish international in a part-exchange deal.
Manchester City and Paris Saint-Germain are also believed to be circling the Chilean star, who has just seven months left on his contract at the Emirates stadium.
Vazquez is certainly not a player anywhere near the same level as Sanchez, but he has proven a useful squad player for Real manager Zinedine Zidane over the past couple of seasons.
The 26 year old scored four goals and provided an impressive 14 assists in 50 games last campaign, and he has already featured 21 times this season for the Champions League winners. His record this campaign is admittedly less impressive, with three goals and two assists so far.