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Spanish website Don Balon says Arsenal are interested in Spain midfielder Isco as he considers a move away from Real Madrid.
Isco has fallen out of favour at the Bernabeu under new boss Santiago Solari and could be allowed to leave in the transfer window.
Shock news emerged from Spain suggesting that Madrid would be willing to let the playmaker leave this January as part of what is planned to be a huge shake up by the Champions League holders.
Reports suggest Italian sides Napoli and AC Milan are keeping tabs on the situation, along with Arsenal, but a €70million asking price could deter potential suitors.
Isco has a release clause of a staggering £650m, but the reports state Arsenal suggest a loan move to get a deal done this January as they club look to lose Aaron Ramsey in the summer.
And Arsenal fans have been going wild on social media, demanding their club make a move for the 25-year-old as they look to strengthen their squad ahead of the second fold of the season.