Real Madrid are weighing up a potential move for Aaron Ramsey, according to The Mirror.
The 28-year-old is out of contract at the end of the season with the Gunners, and the club do not plan on offering him an extension to his current deal.
His contract situation has attracted interest from several top European clubs, including the likes of Juventus and Bayern Munich, with Real Madrid the latest to join the list.
The Wales international will be free to sign a pre-contract agreement with a continental club on January 1st, and Real are able to offer superior wages to land him.
Real Madrid may have a slight advantage over other potential suitors in luring Ramsey to the Bernabeu as they have fellow Wales teammate and good friend Gareth Bale to persuade him to join the La Liga giants.
Ramsey is in his eleventh year at Arsenal having signed from Cardiff as a 17-year-old. He has made a total of 347 appearances and scored 60 times.